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Mystic Island 08087
122 Lake Deerbrook Drive
$74,350
● House - Off Market

122 Lake Deerbrook Drive

Little Egg Harbor, NJ 08087
bedrooms
3 Beds
bathrooms
1 Bath
$128,694
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Looking for a peaceful setting. Come take a peak at the house. Enjoy relaxing on your deck this spring and listening to the peaceful sounds of nature. Home offers a fenced yard, large deck, cedar siding and more. Property is to be sold as is where is. Seller makes no warranties or representations. Buyer is responsible for all inspections and certifications necessary to close title.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1986

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: 3 years ago (MOMLS #21821395)

Price History

Date / Event Date Event Price
Jun 8, 2018 Sold
Premium
Sold
May 31, 2018 Listed by Linda Schroeck Rlty. Group LLC $84,900
Listed by Linda Schroeck Rlty. Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,297
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Little Egg Harbor Township School District
  • Census Tract: 736101

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 60
  • District: 17
  • Parcel: 17 00325- 58-00028
  • Block: 325.58
  • Lot: 28
  • Municipality: LITTLE EGG HARBOR TWP
  • Latitude: 39.5706
  • Longitude: -74.3739

    Address

  • Full Address: 122 Lake Deerbrook Dr
  • Address - House Number: 122
  • Address - Street Name: Lake Deerbrook
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Little Egg Harbor Twp
  • Carrier Code: C017
  • 4-Digit Zip Code: 1765
  • Zip Code: 08087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,756

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 265,894
  • High Value: 326,181
  • Low Value: 205,606

    Market Valuation

  • Market Total Value: $128,200
  • Market Land Value: $44,900
  • Market Improvement Value: $83,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,200
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $83,300

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020134647
  • Previous Sale Recording Date: Jun 21, 2018
  • Previous Sale Contract Date: May 23, 2018
  • Previous Sale Amount: $74,350
  • Previous Sale Document Type: 68
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 Mystic Island

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$336

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1402 ft²

Average Home Age

43.5 years

Currently For Sale

97 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 32 Pin Oak Lane, TUCKERTON, NJ, 08087

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
32 Pin Oak Lane, TUCKERTON, NJ, 08087 Listing by Michael J Eagan
Unit for rent at 128 E Dory Drive, LITTLE EGG HARBOR TWP, NJ, 08087

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,144 ft²
128 E Dory Drive, LITTLE EGG HARBOR TWP, NJ, 08087 Listing by Donna T Wilson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Schroeck, Linda Schroeck Rlty. Group LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21821395
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 122 Lake Deerbrook Drive built and last sold?
The property at 122 Lake Deerbrook Drive was built in 1986 and last sold on Nov 3, 2020 for $128,000.
How much is this home worth?
The estimated value of the home located at 122 Lake Deerbrook Drive is $85,749.
What are some comparable homes to 122 Lake Deerbrook Drive?
There are currently no comparable homes to 122 Lake Deerbrook Drive.
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