$510,000
For Sale

23 E Penguin Way

Lavallette, NJ 08735
500 sqft | 2 beds | 1 bath | 0.04 acres | #22521844
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Summer living is easy in this beach cottage: it's only FOUR houses to a private beach! A great location for personal and/or rental use. The cottage has an open floor plan, ceramic tile floors and washer/dryer, and all furniture stays so bring a suitcase and enjoy late summer at the Jersey Shore. Approximately $23-25,000 in summer rental income, with the potential of $35-40k if updated. Home is on leased land, making the lease a deduction if rented.

  • Property Details
      • Property SubtypeSingle Family Residence
      • Parking FeaturesGravel, Driveway
      • Exterior FeaturesOutdoor Shower
      • Sewer InformationPublic Sewer
      • Cooling FeaturesMulti Units
      • Lot DescriptionLeased Land
      • SubdivisionOcean Beach
      • Parking TypeDriveway
      • Property TypePurchase
      • StyleBungalow
      • MLS #22521844
      • MLS #22521844
      • RoofShingle
      • Utility SourcePublic
      • Cost510000
      • CountyOcean
      • Acres0.04
      • Year Built1952
      • FoundationSlab
      • Square Feet500
      • Hoa Fees772
      • Cooling1
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Hoa1

Location

Provident LegacyReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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