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Ocean 08533
13 Ivins Drive
$325,000
● House - Off Market

13 Ivins Drive

New Egypt, NJ 08533
bedrooms
3 Beds
bathrooms
2 Baths
$460,739
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Better than new! Every room of this 3 bed 2 full bath ranch has been updated/remodeled w/ attention to detail. Charming curb appeal w/ new paved driveway & paver walkway. Open concept living & dining area w/ bamboo floors & crown molding. Sunny kitchen w/ new flooring, granite counters, tumbled stone back-splash & center island w/ breakfast bar. Master BR w/ bamboo floor, crown molding & new master bath w/ custom tile, glass doors, crown, quartz top vanity & separate make-up area. Main bath w/ new tile, vanity, crown & shiplap accent wall. Re-designed laundry area w/ new french door, cabinets & pantry lead to finished basement offering large great room & private office, plus 2 large storage rooms. New over-sized patio w/ prof landscaping. Treed fenced yard, shed & brand new septic. Must se
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1948

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 #21940262)

Price History

Date / Event Date Event Price
Dec 2, 2019 Sold
Premium
Sold
Oct 2, 2019 Listed by RE/MAX Realty 9 $315,000
Listed by RE/MAX Realty 9

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • 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: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,362
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000536
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Plumsted Township School District
  • Census Tract: 718000

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 24
  • Parcel: 24 00049-0000-00007
  • Block: 49
  • Lot: 7
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0981
  • Longitude: -74.4611

    Address

  • Full Address: 13 Ivins Dr
  • Address - House Number: 13
  • Address - Street Name: Ivins
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: R002
  • 4-Digit Zip Code: 2809
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $472,008

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 412,210
  • High Value: 493,906
  • Low Value: 330,515

    Market Valuation

  • Market Total Value: $170,400
  • Market Land Value: $90,000
  • Market Improvement Value: $80,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,400
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $80,400

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019126500
  • Previous Sale Recording Date: Dec 24, 2009
  • Previous Sale Contract Date: Nov 24, 2009
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27
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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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: Pamela J Trembow, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21940262
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 13 Ivins Drive built and last sold?
The property at 13 Ivins Drive was built in 1948 and last sold on Nov 26, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 13 Ivins Drive is $0.
What are some comparable homes to 13 Ivins Drive?
There are currently no comparable homes to 13 Ivins Drive.
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