$326,000
●
House -
Off Market
1218 Ariel Drive
Forked River, NJ 08731
3 Beds
2 Baths
$497,839
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Just what you've been waiting for! Completely renovated Jersey
Shore retreat on a quiet cul-de-sac street in Riviera Beach at an
affordable price. Room for all with 3 spacious bedrooms and 2 full
bathrooms with custom tile work. Deep lagoon with no height
restrictions and a short ride to the open Barnegat Bay. Open living
concept with 2 sliders that lead to your covered porch. Stylish eat
in kitchen with stainless steel appliances, tiled backsplash,
granite countertops, decorative crown molding, range hood, soft
closing draws and doors. Low maintenance yard with brick paver
walkway and azek decking. Dock your boat in your own backyard this
summer with a vinyl bulkhead that is made to last.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1970
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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 #21930912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by RE/MAX at Barnegat Bay | $649,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
|
Welcome to your dream waterfront home in the sought-after Riviera Beach neighborhood! This stunning property, located on a quiet cul-de-sac, features a brand new HVAC system, ensuring comfort in any season. Enjoy a bright, open floor plan with 3 spacious bedrooms and 2 bathrooms adorned with custom tile work. The chef's kitchen boasts a sleek design with white cabinets, granite countertops, a large island, and stainless steel appliances. Step outside to a covered porch, perfect for relaxing evenings by the water. The low-maintenance yard includes a brick paver walkway and stamped concrete patio, leading to your own dock with a lasting vinyl bulkhead. .Don't miss this opportunity to dock your boat in your yard,
| |||
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | In contract | - | |
| In contract | |||
| May 11, 2023 | Listed by RE/MAX at Barnegat Bay | $549,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
|
Bright, Open, and updated waterfront home on a quiet cul-de-sac street in the desirable Riviera Beach neighborhood. Situated on a Deep lagoon with no height restrictions and a short ride to the open Barnegat Bay. Room for all with 3 spacious bedrooms and 2 full bathrooms with custom tile work. Stylish eat in kitchen with stainless steel appliances, tiled backsplash, granite countertops, decorative crown molding, soft closing draws and doors. Low maintenance yard with brick paver walkway and stamped concrete patio. Dock your boat in your own backyard this summer with a vinyl bulkhead that is made to last. Quick access to Tices Shoal, Inlet, Marinas, Dock & dine restaurants.
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Property Highlights
Parking Available
Air Conditioning
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: Casey Quinn, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21930912
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: 2 years ago
Data Source: MOMMLS, MLS# 21930912
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