$365,000
●
House -
Off Market
1212 Varuna Drive
Forked River, NJ 08731
3 Beds
3 Baths,
1
Half Bath
2,230 Ft²
$668,667
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Fabulous contemporary waterfront in outstanding waterfront area on
wide lagoon with bay views. Only seconds to the bay. This home has
been well-maintained by original owners. Semi-circular paver drive
with extra room on the side to park your boat/RV. Open floor plan
with great water views. Living room and dining room with hardwood
floors, gas fireplace. 2-Zone HWBB heat and central Air, central
vac, security system, heated 2-car garage. Master Br with
fireplace, jacuzzi bath, balcony. Multi-level decking, outdoor
shower. Quiet cul-de-sac location. Call today to see this
one!
Unit Size
2,230 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1988
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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 #21711674)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $419,900 | |
| Listed | |||
| | |||
|
Fabulous contemporary waterfront in outstanding waterfront area on wide lagoon with bay views. Only seconds to the bay. This home has been well-maintained by original owners. Semi-circular paver drive with extra room on the side to park your boat/RV. Open floor plan with great water views. Living room and dining room with hardwood floors, gas fireplace. 2-Zone HWBB heat and central Air, central vac, security system, heated 2-car garage. Master Br with fireplace, jacuzzi bath, balcony. Multi-level decking, outdoor shower. Quiet cul-de-sac location. Call today to see this one!The manager has listed the unit size as 2230 square feet.
| |||
| Mar 28, 2017 | Listed by RE/MAX at Barnegat Bay - Forked River | $419,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
Fabulous contemporary waterfront in outstanding waterfront area on wide lagoon with bay views. Only seconds to the bay. This home has been well-maintained by original owners. Semi-circular paver drive with extra room on the side to park your boat/RV. Open floor plan with great water views. Living room and dining room with hardwood floors, gas fireplace. 2-Zone HWBB heat and central Air, central vac, security system, heated 2-car garage. Master Br with fireplace, jacuzzi bath, balcony. Multi-level decking, outdoor shower. Quiet cul-de-sac location. Call today to see this one!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Robert McLaughlin, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21711674
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21711674
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