700 West Connecticut Avenue
700 West Connecticut Avenue
$439,000
3
1
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—
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Sold 3/19/24
Description
The "Point House" a 1920's Craftsman Sears Home that was beautifully constructed and updated within the past 5 years. This home is a phenomenal Air B n B investment property running a 10% cap rate at $450,000. The Point House offers 2 Bedroom and 1 full bath with a 2nd floor loft. Original heart pine floors, central air, custom kitchen with walnut built-ins, full bathroom with timeless white subway tile. This home sleeps 10 and generated close to $50,000 in 2023 with air b n b rentals. The detached...The "Point House" a 1920's Craftsman Sears Home that was beautifully constructed and updated within the past 5 years. This home is a phenomenal Air B n B investment property running a 10% cap rate at $450,000. The Point House offers 2 Bedroom and 1 full bath with a 2nd floor loft. Original heart pine floors, central air, custom kitchen with walnut built-ins, full bathroom with timeless white subway tile. This home sleeps 10 and generated close to $50,000 in 2023 with air b n b rentals. The detached garage "Zen Den" is the perfect escape off of the massive fenced in back yard. Do not sleep on this home, properties like this do not become available often.
- Listed by DAMON BREADY • BHHS FOX and ROACH-Simpson OC
Property Details for 700 West Connecticut Avenue
City/Community
Somers Point
ClassRESIDENTIAL
Parking - ExteriorThree or More Cars
Waterfront (Y/N)No
Location
LISTING UPDATED: 03/19/2024 12:57 PM
Property Details for 700 West Connecticut Avenue
Status | Sold |
---|---|
MLS # | 579594 |
Days on Market | 84 |
Taxes | $5,449 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Single Family |
Year Built | 1928 |
Lot Size | 0.18 AC / 7,803 SF |
County | Atlantic County |
Location
Building Information for 700 West Connecticut Avenue
Stories-Year Built1928Building Size-Lot Size0.18 AC / 7,803 SF
Payment Calculator
$2,850 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 700 West Connecticut Avenue
Property History for 700 West Connecticut Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 700 West Connecticut Avenue
Taxable ValueLand$65,900Additions$121,900Total$187,800
Tax Record2022$5,449 ($454 / month)
Home Facts
Beds0Total Finished SqFt818 SqFtAbove Grade Finished SqFt818 SqFtStories1Lot Size7,501 SqFtStyleSingle Family ResidenceYear Built1928ZoningR-1CountyATLANTICAPN21 01422-0000-00009- 02
Schools near 700 West Connecticut Avenue
This home is within Mainland Regional High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 3 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Jordan Rd Elementary School Public4 to 8 | ||
Mainland Reg High School Public9 to 12 | ||
Dawes Ave Elementary School PublicPK to 3 | ||
St. Joseph Regional School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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