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Ocean
105 Cactus Drive
$195,000
● House - Off Market

105 Cactus Drive

Lanoka Harbor, NJ 08734
bedrooms
3 Beds
bathrooms
2 Baths
$347,811
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Totally remodeled 3 Bedroom 2 Bath Ranch that you can buy with a USDA loan if you qualify with no money down and have a monthly payment for less than you could rent the home for.!!! Open floor plan with new kitchen cabinetry featuring granite counter tops and stainless steel appliances finished in engineered hardwood flooring. Living room and family with see through fireplace. Master Bedroom Bath Suite for that additional privacy plus bonus room already set up for a third wood burning stove if desired. Maintenance free exterior, 80x100 property and priced to sell. If you don't qualify for USDA, FHA and VA welcomed. Immediate occupancy and all within minutes to major shopping and commuting.
Unit Size
-
Days on Market
160 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1971

Payment Calculator

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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: 6 months ago (MOMLS #21543058)

Price History

Date / Event Date Event Price
Apr 29, 2016 Sold
Premium
Sold
Nov 12, 2015 Listed by C21 Lawrence Realty, Inc. $201,900
Listed by C21 Lawrence Realty, Inc.
Totally remodeled 3 Bedroom 2 Bath Ranch that you can buy with a USDA loan if you qualify with no money down and have a monthly payment for less than you could rent the home for.!!! Open floor plan with new kitchen cabinetry featuring granite counter tops and stainless steel appliances finished in engineered hardwood flooring. Living room and family with see through fireplace. Master Bedroom Bath Suite for that additional privacy plus bonus room already set up for a third wood burning stove if desired. Maintenance free exterior, 80x100 property and priced to sell. If you don't qualify for USDA, FHA and VA welcomed. Immediate occupancy and all within minutes to major shopping and commuting.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 19
  • 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: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 00046616
  • District: 13
  • Parcel: 13 00745- 01-00009
  • Block: 745.01
  • Lot: 9
  • Municipality: LACEY TWP
  • Latitude: 39.8638
  • Longitude: -74.168

    Address

  • Full Address: 105 Cactus Dr
  • Address - House Number: 105
  • 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: $431,554

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 204,564
  • High Value: 294,217
  • Low Value: 114,910

    Market Valuation

  • Market Total Value: $190,700
  • Market Land Value: $78,000
  • Market Improvement Value: $112,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,700
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $112,700

    Sales

  • Current Sale Contract Date: Apr 21, 2016
  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016039811
  • Previous Sale Recording Date: May 06, 2015
  • Previous Sale Contract Date: Nov 25, 2014
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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

0.19%

Average Days on Market

65

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4635 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 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski
Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Pasquale Mennella, C21/ Lawrence Realty
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 21543058
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 105 Cactus Drive built and last sold?
The property at 105 Cactus Drive was built in 1971 and last sold on Apr 21, 2016 for $195,000.
How much is this home worth?
The estimated value of the home located at 105 Cactus Drive is $0.
What are some comparable homes to 105 Cactus Drive?
There are currently no comparable homes to 105 Cactus Drive.
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