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Ocean 08741
105 Lawshe Drive
$616,000
● House - Off Market

105 Lawshe Drive

Pine Beach, NJ 08741
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,050 Ft²
$847,577
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Welcoming waterfront home on quiet cove features 4 bdrms,2 baths,hrdwd floors,Pella windows,smart safety & security technology & modern designs throughout.Stunning 1st flr has eat-in kitchen w/GE SS appls,quartzite ctrs,formal dine rm,1st flr bdrm,full bath, laund rm w/GE Profile front-load W/D w/Steam & SmartDispense.Fam rm w/wood burn fp,lrg Pella picture window,sliding drs open to spacious outdr entertaining on multi-level TREX decks w/Toms River panoramic views,25' foot long TREX dock & boat ramp.Home filled w/wonderful sunlight & picturesque views from every room.2nd flr w/3 bdrms,including mstr suite w/luxurious designed custom clst,full bath & den/home office w/TREX balcony.Completely renovated,new roof, C/A,& gas-fired HVAC,PEX plumbing. Home completely rennovated! NO Sandy damage.
Unit Size
2,050 Ft²
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
$306
Property Type
House
Property Taxes
$664
HOA Dues
-
Year Built
1980

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: 8 months ago (MOMLS #22029352)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 20, 2020 Listed by Real Estate, LTD $627,000
Listed by Real Estate, LTD

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,198
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,863
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 361,362

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731101

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 06
  • Parcel: 06 00891-0000-00360
  • Block: 891
  • Lot: 360
  • Municipality: BERKELEY TWP
  • Latitude: 39.9365
  • Longitude: -74.1555

    Address

  • Full Address: 105 Lawshe Dr
  • Address - House Number: 105
  • Address - Street Name: Lawshe
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1421
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $858,886

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 572,760
  • High Value: 683,587
  • Low Value: 461,933

    Market Valuation

  • Market Total Value: $377,200
  • Market Land Value: $223,600
  • Market Improvement Value: $153,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,200
  • Assessed Land Value: $223,600
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020120513
  • Previous Sale Recording Date: Feb 13, 2008
  • Previous Sale Contract Date: Jan 25, 2008
  • Previous Sale Amount: $250,001
  • Previous Sale Document Type: 40
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

$304

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1609 ft²

Average Home Age

24.6 years

Currently For Sale

3232 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 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lorraine F Petersen, Real Estate, LTD
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22029352
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 Lawshe Drive built and last sold?
The property at 105 Lawshe Drive was built in 1980 and last sold on Sep 30, 2020 for $616,000.
How much is this home worth?
The estimated value of the home located at 105 Lawshe Drive is $0.
What are some comparable homes to 105 Lawshe Drive?
There are currently no comparable homes to 105 Lawshe Drive.
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