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Ocean 08005
117 Beverly Drive
$173,000
● House - Off Market

117 Beverly Drive

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$283,728
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Lovely 3 bedroom, 1 bath rancher featuring eat-in kitchen, all appliances, family room, screened porch, vinyl siding, shed and level lot. Perfect for first-time home buyer, scale down buyer or vacation home. Located near shopping and Barnegat Beach. Good value for the $$$$.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1973

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: 2 years ago (MOMLS #21729604)

Price History

Date / Event Date Event Price
Oct 16, 2017 Sold
Premium
Sold
Jul 29, 2017 Listed by Weichert Realtors - Forked River $178,500
Listed by Weichert Realtors - Forked River
Lovely 3 bedroom, 1 bath rancher featuring eat-in kitchen, all appliances, family room, screened porch, vinyl siding, shed and level ot. Perfect for first-time home buyer, scale down buyer or vacation home at the Jersey Shore. Conveniently located near shopping and Barnegat Beach. Good value for the $$$$.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 9,148
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734002

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 103
  • District: 01
  • Parcel: 01 00196- 01-00054
  • Block: 196.01
  • Lot: 54
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7689
  • Longitude: -74.2104

    Address

  • Full Address: 117 Beverly Dr
  • Address - House Number: 117
  • Address - Street Name: Beverly
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R004
  • 4-Digit Zip Code: 2506
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $489,595

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 358,544
  • High Value: 438,612
  • Low Value: 278,475

    Market Valuation

  • Market Total Value: $173,800
  • Market Land Value: $100,000
  • Market Improvement Value: $73,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,800
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $73,800

    Sales

  • Current Sale Contract Date: Oct 05, 2017
  • Current Sale Recording Date: Oct 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017111377
  • Previous Sale Recording Date: Jan 27, 2003
  • Previous Sale Contract Date: Dec 04, 2002
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27

    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

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29.1 years

Currently For Sale

4369 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 21 Pohatcong Avenue, Waretown, NJ, 08758

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
21 Pohatcong Avenue, Waretown, NJ, 08758 Listing by Mary Albanese
Unit for rent at 46 Tulsa Dr So Drive, BARNEGAT, NJ, 08005

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
46 Tulsa Dr So Drive, BARNEGAT, NJ, 08005 Listing by Donna M Gidley

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marlene Buchel, Weichert Realtors-Forked River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21729604
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 117 Beverly Drive built and last sold?
The property at 117 Beverly Drive was built in 1973 and last sold on Oct 5, 2017 for $173,000.
How much is this home worth?
The estimated value of the home located at 117 Beverly Drive is $0.
What are some comparable homes to 117 Beverly Drive?
There are currently no comparable homes to 117 Beverly Drive.
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