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111 S 16th Ave Apt 406 Longport, NJ 08403
  • 2 Beds
  • 2 Baths
  • Built In 1992
Active
$610,000
Est. Rent

$1,310 /mo

Financial Performance

Gross Yield

2.58%

based on an annual rent of $15,720.00 divided by the offer price of $610,000.00.

Net Yield

based on a yearly adjusted income of $14,462.40 minus the total annual expense of $16,161.99 divided by the offer price of $610,000.00.

Cash Flow

based on a yearly adjusted income of $14,462.40 minus the total annual expense of $16,161.99 and yearly mortgage expense.

Home Details

One of the larger units available in Longport Seaview This unit features gorgeous ocean views with southern exposure. Completely renovated with beautiful kitchen and breakfast bar, new bathrooms and wide open layout. The enclosed porch has been opened up, enabling you to sit and enjoy the views and hear the sounds of the ocean from your oversized living room. The condo building was completely renovated with brand new lobby, heated pool and full service cafe serving lunch and breakfast in the summer season. Condo fees include , AC, heat electric and insurance.
Features

  • listed date Listed Date: January 18, 2017
  • year built Year built: 1992
  • bedrooms Bed: 2
  • bathrooms Bath: 2
  • property type Type:   Condo
  • county County: Atlantic
  • Listing ID: 474586
111 S 16th Ave Apt 406 Longport, NJ 08403
  • 2 Beds
  • 2 Baths
  • Built In 1992
Active
$610,000
Est. Rent

$1,310 /mo

Gross Yield

2.58%

based on an annual rent of $15,720.00 divided by the offer price of $610,000.00.

Net Yield

based on a yearly adjusted income of $14,462.40 minus the total annual expense of $16,161.99 divided by the offer price of $610,000.00.

Cash Flow

based on a yearly adjusted income of $14,462.40 minus the total annual expense of $16,161.99 and yearly mortgage expense.

Home Details

One of the larger units available in Longport Seaview This unit features gorgeous ocean views with southern exposure. Completely renovated with beautiful kitchen and breakfast bar, new bathrooms and wide open layout. The enclosed porch has been opened up, enabling you to sit and enjoy the views and hear the sounds of the ocean from your oversized living room. The condo building was completely renovated with brand new lobby, heated pool and full service cafe serving lunch and breakfast in the summer season. Condo fees include , AC, heat electric and insurance.
Features

  • listed date Listed Date: January 18, 2017
  • property type Type:   Condo
  • year built Year built: 1992
  • bedrooms Bed: 2
  • bathrooms Bath: 2
  • county County: Atlantic
  • Listing ID: 474586

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