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Ocean
103 Cactus Drive
$409,000
● House - Off Market

103 Cactus Drive

Lanoka Harbor, NJ 08734
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,836 Ft²
$401,970
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

JUST UNPACK YOUR BAGS...Totally updated ranch home features 4 bedrooms, 2 full baths, office, eat-in kitchen with an center island, granite counter tops, s/s appliances and a walk in pantry.  Patio off kitchen and fenced in yard.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$206
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1972

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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 #22233532)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Oct 27, 2022 Listed by Paschon Realty LLC $378,900
Listed by Paschon Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 4
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,296
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 00046624
  • District: 13
  • Parcel: 13 00745- 01-00010
  • Block: 745.01
  • Lot: 10
  • Municipality: LACEY TWP
  • Latitude: 39.8638
  • Longitude: -74.1683

    Address

  • Full Address: 103 Cactus Dr
  • Address - House Number: 103
  • Address - Street Name: Cactus
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R005
  • 4-Digit Zip Code: 2316
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $491,524

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 433,617
  • High Value: 527,502
  • Low Value: 339,733

    Market Valuation

  • Market Total Value: $217,200
  • Market Land Value: $79,000
  • Market Improvement Value: $138,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,200
  • Assessed Land Value: $79,000
  • Assessed Improvements Value: $138,200

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 128755
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: Feb 21, 2017
  • Previous Sale Document Type: 64
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

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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

Unit for rent at 435 Laurel Boulevard, Lanoka Harbor, NJ, 08734

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,556 ft²
435 Laurel Boulevard, Lanoka Harbor, NJ, 08734 Listing by Ronald J Stoner

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Noelle Paschon, Paschon Realty LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22233532
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 103 Cactus Drive built and last sold?
The property at 103 Cactus Drive was built in 1972 and last sold on Dec 6, 2022 for $409,000.
How much is this home worth?
The estimated value of the home located at 103 Cactus Drive is $0.
What are some comparable homes to 103 Cactus Drive?
There are currently no comparable homes to 103 Cactus Drive.
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