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Monmouth 08736
1205 Mohegan Road
$1,152,000
● House - Off Market

1205 Mohegan Road

Manasquan, NJ 08736
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,374 Ft²
$1,092,012
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

JUST LISTED in Manasquan Shores offers it all! Well-maintained center hall colonial with tasteful updates, gleaming hard wood floors, high dramatic light filled entrance way, large kitchen layout and expansive rooms. Comes complete with a large manicured yard with an oversized pool and tiki hut ready to entertain friends and family this summer. Location Location! Situated on a quiet cudlesac, short walk to downtown Manasquan, bike ride to beaches and parks. The finished basement equipped with bar and pool table will offer lots of additional living space. Look no longer, its time to start your beach lifestyle today!
Unit Size
2,374 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$461
Property Type
House
Property Taxes
$1,015
HOA Dues
-
Year Built
1994

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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 #22313091)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
May 16, 2023 Listed by Keller Williams Realty Ocean Living $1,095,000
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,142
  • Garage Type: 10
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 14,500
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,374
  • Building Area: 2,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808800

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 117
  • District: 52
  • Parcel: 52 00323-0000-00020
  • Block: 323
  • Lot: 20
  • Municipality: WALL TWP
  • Latitude: 40.1243
  • Longitude: -74.0656

    Address

  • Full Address: 1205 Mohegan Rd
  • Address - House Number: 1205
  • Address - Street Name: Mohegan
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C013
  • 4-Digit Zip Code: 1649
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,239,459

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 1,180,432
  • High Value: 1,454,421
  • Low Value: 906,442

    Market Valuation

  • Market Total Value: $605,500
  • Market Land Value: $258,000
  • Market Improvement Value: $347,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $605,500
  • Assessed Land Value: $258,000
  • Assessed Improvements Value: $347,500

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 53122
  • Previous Sale Recording Date: Sep 19, 1994
  • Previous Sale Contract Date: Sep 09, 1994
  • Previous Sale Amount: $250,375
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Monmouth

Stats & Trends

Median Asking:

$739,999

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.6 years

Currently For Sale

1757 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 10 Waters Edge, Brielle, NJ, 08730

$6,495 /mo

  • 3 Beds
  • 2 Baths
  • 2,093 ft²
10 Waters Edge, Brielle, NJ, 08730 Listing by Megan Schell Schnurr

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sandra J Larson, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22313091
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 1205 Mohegan Road built and last sold?
The property at 1205 Mohegan Road was built in 1994 and last sold on Jul 13, 2023 for $1,152,000.
How much is this home worth?
The estimated value of the home located at 1205 Mohegan Road is $0.
What are some comparable homes to 1205 Mohegan Road?
There are currently no comparable homes to 1205 Mohegan Road.
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