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Ocean 08527
1 Annapolis Place
$531,000
● House - Off Market

1 Annapolis Place

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$497,144
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This charming ranch style home offers a perfect blend of comfort and convenience. Boasting 3 bedrooms and 2 full baths, 1 car garage, fenced in yard to provide a sense of security and privacy that backs up to woods. Eat in Kitchen with granite countertops and stainless steel appliances.  Updated baths. Vinyl wood floors throughout home.  Newer Roof 2021, newer water heater, window warranty. AC and furnace updated 6 years ago. This home also offers a full basement providing endless possibilities for storage, recreation, or even future expansion. Don't miss your opportunity to make this house your home with parks, shopping and easy access to major highways.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$473
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MOMLS #22323956)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Aug 28, 2023 Listed by Keller Williams Realty Monmouth/Ocean $499,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 984
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717501

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 78
  • District: 12
  • Parcel: 12 07802-0000-00011
  • Block: 7802
  • Lot: 11
  • Municipality: JACKSON TWP
  • Latitude: 40.1251
  • Longitude: -74.27

    Address

  • Full Address: 1 Annapolis Pl
  • Address - House Number: 1
  • Address - Street Name: Annapolis
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2303
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $611,654

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 439,361
  • High Value: 531,345
  • Low Value: 347,377

    Market Valuation

  • Market Total Value: $236,800
  • Market Land Value: $132,700
  • Market Improvement Value: $104,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,800
  • Assessed Land Value: $132,700
  • Assessed Improvements Value: $104,100

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 79982
  • Previous Sale Recording Date: Jan 08, 1993
  • Previous Sale Contract Date: Jan 08, 1993
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4384 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22323956
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1 Annapolis Place built and last sold?
The property at 1 Annapolis Place was built in 1959 and last sold on Oct 18, 2023 for $531,000.
How much is this home worth?
The estimated value of the home located at 1 Annapolis Place is $496,323.
What are some comparable homes to 1 Annapolis Place?
There are currently no comparable homes to 1 Annapolis Place.
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