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Ocean 08005
11 Shelli Terrace
$188,500
● House - Off Market

11 Shelli Terrace

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$289,951
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Front steps to be fixed; just waiting for the mason. Perfect 3 bedroom 2 full bath in a quiet neighborhood  is a great place to call home. Highlighted with gas heat, central air, treed back yard for privacy and bar be ques.  Large shed allows you to store extra items along with an attached 1 car garage .Come see this home today. Affordably priced under $200.000. Maintenance free vinyl siding.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1993

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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: 3 years ago (MOMLS #21935518)

Price History

Date / Event Date Event Price
Jan 28, 2020 Sold
Premium
Sold
Aug 27, 2019 Listed by Coldwell Banker Riviera Realty $199,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 2
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,030
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 01
  • Parcel: 01 00114- 56-00006
  • Block: 114.56
  • Lot: 6
  • Municipality: BARNEGAT TWP
  • Latitude: 39.745
  • Longitude: -74.2514

    Address

  • Full Address: 11 Shelli Ter
  • Address - House Number: 11
  • Address - Street Name: Shelli
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R003
  • 4-Digit Zip Code: 1681
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $500,018

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 333,496
  • High Value: 407,971
  • Low Value: 259,021

    Market Valuation

  • Market Total Value: $177,500
  • Market Land Value: $83,500
  • Market Improvement Value: $94,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,500
  • Assessed Land Value: $83,500
  • Assessed Improvements Value: $94,000

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Jan 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020010767
  • Previous Sale Recording Date: Mar 03, 2008
  • Previous Sale Contract Date: Feb 19, 2008
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 12
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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1577 ft²

Average Home Age

32.5 years

Currently For Sale

3059 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 56 Georgetown Boulevard, BARNEGAT, NJ, 08005

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,292 ft²
56 Georgetown Boulevard, BARNEGAT, NJ, 08005 Listing by Jessica K DiFrancia
Unit for rent at 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey F Connell, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21935518
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 11 Shelli Terrace built and last sold?
The property at 11 Shelli Terrace was built in 1993 and last sold on Jan 28, 2020 for $188,500.
How much is this home worth?
The estimated value of the home located at 11 Shelli Terrace is $0.
What are some comparable homes to 11 Shelli Terrace?
There are currently no comparable homes to 11 Shelli Terrace.
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