For Sale - Click images to view galleries

74 Bellevue Ave, Block 116, Lot 9
Rumson, NJ

To be built June 2009.
Est. completion: January 1, 2010


View 1st Floor Plan

View 2nd Floor Plan

Awards: 2003 Seattle Street of Dreams: Winner of 17 of 22 awards, including: Best Curb Appeal, Best Architectural Design, Best Master Suite, Best Kitchen Design, Best of Show
  2004 Best of American Living Award
  Mountain Region Silver Award for Best Custom Home Between 4001-6900 sq. ft.



  $1,795,000

2008 Rental Information
Plaza 35 South
736 Highway 35
Ocean Twp, NJ 07712

Tenant
Sq Ft
Start Date
Term Yr
Expires
"+" Option
Annual
Increase
Turquoise Deli
2000
9/07
2
8/09
(8) 1 yr
5%
Alltown Cleaners
1000
9/07
2
8/09
(8) 1 yr
5%
LaBella Tori Nail Salon
1140
9/08
3
8/11
(1) 5 yr
5%
Master GJ Torres Karate/Kickboxing
1750
10/08
5
9/10
(1) 5 yr
3%

CURRENT GROSS MONTHLY INCOME: $12,872

CURRENT GROSS YEARLY INCOME: $154,464

Yearly Expenses
Insurance:   $6000
Taxes:   $21000
Maintenance:   $1000
Utilities:   $2000
Snow Removal:   $2000
Management:

   $3300
Total:   $35,300
Net Income:   $119,164

Triple Net Lease

Projected Income: Year: 2nd Yr 3rd Yr  4th Yr 5th Yr
  Net:  $123,136 $128,681 $134,483 $140,557

Owner Financing available 

$1,495,000
Lincroft, NJ

Copyright © 2009 Lombardi Builders Inc. All rights reserved.