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111 S 16th Ave Longport, NJ 08403
  • 1 Beds
  • 1 Baths
Active
$299,000
Est. Rent

$1,080 /mo

Financial Performance

Gross Yield

4.33%

based on an annual rent of $12,960.00 divided by the offer price of $299,000.00.

Net Yield

0.78%

based on a yearly adjusted income of $11,923.20 minus the total annual expense of $9,583.36 divided by the offer price of $299,000.00.

Cash Flow

$2,340

based on a yearly adjusted income of $11,923.20 minus the total annual expense of $9,583.36 and yearly mortgage expense.

Home Details

Ocean views from this charming 1 bedroom, 1 bath condo at the Point in Longport. This bright and cheerful condo offers a large balcony, beautiful hardwood flooring, and is located on the 2nd floor with easy access to the pool, cafe and community room. Condo fees include heat, air conditioning and 1 assigned parking space. Beautiful newly renovated Beach Front Building in Longport
Features

  • listed date Listed Date: January 16, 2017
  • bedrooms Bed: 1
  • bathrooms Bath: 1
  • property type Type:   Condo
  • county County: Atlantic
  • Listing ID: 479545
111 S 16th Ave Longport, NJ 08403
  • 1 Beds
  • 1 Baths
Active
$299,000
Est. Rent

$1,080 /mo

Gross Yield

4.33%

based on an annual rent of $12,960.00 divided by the offer price of $299,000.00.

Net Yield

0.78%

based on a yearly adjusted income of $11,923.20 minus the total annual expense of $9,583.36 divided by the offer price of $299,000.00.

Cash Flow

$2,340

based on a yearly adjusted income of $11,923.20 minus the total annual expense of $9,583.36 and yearly mortgage expense.

Home Details

Ocean views from this charming 1 bedroom, 1 bath condo at the Point in Longport. This bright and cheerful condo offers a large balcony, beautiful hardwood flooring, and is located on the 2nd floor with easy access to the pool, cafe and community room. Condo fees include heat, air conditioning and 1 assigned parking space. Beautiful newly renovated Beach Front Building in Longport
Features

  • listed date Listed Date: January 16, 2017
  • property type Type:   Condo
  • bedrooms Bed: 1
  • bathrooms Bath: 1
  • county County: Atlantic
  • Listing ID: 479545

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