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111 S 16th Ave Apt 421 Longport, NJ 08403
  • 3 Beds
  • 2 Baths
Active
$975,000
Est. Rent

$1,440 /mo

Financial Performance

Gross Yield

1.77%

based on an annual rent of $17,280.00 divided by the offer price of $975,000.00.

Net Yield

based on a yearly adjusted income of $15,897.60 minus the total annual expense of $23,759.31 divided by the offer price of $975,000.00.

Cash Flow

based on a yearly adjusted income of $15,897.60 minus the total annual expense of $23,759.31 and yearly mortgage expense.

Home Details

Terrific ocean front unit in the prestigious Point Area at the Seaview Condominium - featuring 3 large bedrooms, 2 tiled baths, and plenty of closet/storage space in one of Longports finest mid-rise condo buildings. This amazing 1600 sq. ft. corner unit offers ocean views from every room. Enjoy beautiful sunrises from the condo balcony or from the dining, living area or anyone of the 3 bedrooms. The Seaview Condominium offers a renovated lobby and common areas, including a summer cafe, community room, and a beautiful pool and deck. This unit is light and bright and move-in ready with large balcony for endless ocean views.
Features

  • listed date Listed Date: January 16, 2017
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • property type Type:   Condo
  • county County: Atlantic
  • Listing ID: 474835
111 S 16th Ave Apt 421 Longport, NJ 08403
  • 3 Beds
  • 2 Baths
Active
$975,000
Est. Rent

$1,440 /mo

Gross Yield

1.77%

based on an annual rent of $17,280.00 divided by the offer price of $975,000.00.

Net Yield

based on a yearly adjusted income of $15,897.60 minus the total annual expense of $23,759.31 divided by the offer price of $975,000.00.

Cash Flow

based on a yearly adjusted income of $15,897.60 minus the total annual expense of $23,759.31 and yearly mortgage expense.

Home Details

Terrific ocean front unit in the prestigious Point Area at the Seaview Condominium - featuring 3 large bedrooms, 2 tiled baths, and plenty of closet/storage space in one of Longports finest mid-rise condo buildings. This amazing 1600 sq. ft. corner unit offers ocean views from every room. Enjoy beautiful sunrises from the condo balcony or from the dining, living area or anyone of the 3 bedrooms. The Seaview Condominium offers a renovated lobby and common areas, including a summer cafe, community room, and a beautiful pool and deck. This unit is light and bright and move-in ready with large balcony for endless ocean views.
Features

  • listed date Listed Date: January 16, 2017
  • property type Type:   Condo
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • county County: Atlantic
  • Listing ID: 474835

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