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Ocean 08731
1211 Andover Road
$468,500
● House - Off Market

1211 Andover Road

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,334 Ft²
$832,595
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Classic English Countryside Manor House. Located in a Private Setting on nearly 1 Acre of Manicured Grounds. Brilliant Natural Light, Floor to Ceiling Windows, Vaulted Ceilings, 2 W/B Fireplaces, Slate & H/W Floors & Marble are just a few of the Finishes that make this Home EXQUISITE. Stunning GOURMET EIK w/Cherry Cab, Granite, Viking Appls, Custom Range Hood, Wine Fridge & French Drs that Open ''Out'' to the Patio & Pool Area. Grand Living Rm w/FP Opens to the Formal Dining Rm-Perfect for Entertaining! Completing the Main Floor is the Family Rm w/Fireplace, Sunrm w/Fr Drs, Updated Bath & Butlers Pantry/Laundry Rm. Upstairs are 2 Guest Bedrooms, Bonus Rm, NEWLY RENOVATED Main Bath, Master Suite w/BRAND NEW MASTER BATH-Absolutely Stunning! Need 4 Bedrooms? Easy Modified Floor Plan Attached.
Unit Size
3,334 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$150
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
1986

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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 #21646772)

Price History

Date / Event Date Event Price
Feb 21, 2017 Sold
Premium
Sold
Dec 28, 2016 Listed by RE/MAX New Beginnings Realty-Toms River $499,900
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 13
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 3,334
  • Building Area: 3,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,334
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732001

Zoning

  • Zoning: PA

Geography

  • Assessors Map Reference: TAX MAP 96
  • Account Number: 185540
  • District: 13
  • Parcel: 13 02489- 03-00001
  • Block: 2489.03
  • Lot: 1
  • Municipality: LACEY TWP
  • Latitude: 39.8736
  • Longitude: -74.2348

    Address

  • Full Address: 1211 Andover Rd
  • Address - House Number: 1211
  • Address - Street Name: Andover
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R013
  • 4-Digit Zip Code: 5838
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,040,980

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 783,808
  • High Value: 934,348
  • Low Value: 633,268

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $172,500
  • Market Improvement Value: $287,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,000
  • Assessed Land Value: $172,500
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Contract Date: Feb 17, 2017
  • Current Sale Recording Date: Feb 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017020353
  • Previous Sale Recording Date: Oct 27, 2004
  • Previous Sale Contract Date: Jul 29, 2004
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 61

    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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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

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MOMMLS

Listed by: Grace Talarico, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21646772
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 1211 Andover Road built and last sold?
The property at 1211 Andover Road was built in 1986 and last sold on Feb 17, 2017 for $468,500.
How much is this home worth?
The estimated value of the home located at 1211 Andover Road is $0.
What are some comparable homes to 1211 Andover Road?
There are currently no comparable homes to 1211 Andover Road.
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