216 Hancock Ave
Listing Notes
Unique investment opportunity in the heart of Seaside Heights! Situated on a 60x100 lot, this versatile property features two separate buildings with excellent income-producing potential. The front home offers 3 bedrooms, 1.5 baths, a garage, and off-street parking. The rear building consists of two separate 2-bedroom apartments with additional driveway and off-street parking for tenants or guests. Perfect for investors or owner-occupants looking to offset expenses -- live in one unit and rent out the other two for additional income. Located in one of the Jersey Shore's most popular resort towns, just moments from beaches, boardwalk attractions, restaurants, shopping, and entertainment. Endless possibilities for seasonal, annual, or vacation rental income! $77,000.00 annual revenue!!!
Comps
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Mortgage Calculator
Excludes property tax, property insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $354,000
- Loan amount
- $900,000
- Loan to value
- 75%
- Principal & interestLoan scenario$6,018
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more