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Ocean 08731
1325 Sylvania Place
$230,000
● House - Off Market

1325 Sylvania Place

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,330 Ft²
$464,222
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

SO DECEIVING...Situated on large corner fenced in property you will find this inviting 3 bedroom 2 bath ranch home. Through the spacious dining area you will find a Great room with skylights & French doors leading you onto your expansive deck with pergola. Tastefully decorated & offering central air with hot water baseboard heat, 1 car garage, underground sprinklers, and shed. Move in condition & ready for you to add your personal touches.
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$188
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1983

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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 #21416423)

Price History

Date / Event Date Event Price
Aug 6, 2014 Sold
Premium
Sold
Apr 28, 2014 Listed by Weichert Realtors-Forked River $249,900
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 3
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,528
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOTS 2,3,4

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732004

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 60
  • Account Number: 00069509
  • District: 13
  • Parcel: 13 01165-0000-00001
  • Block: 1165
  • Lot: 1
  • Municipality: LACEY TWP
  • Latitude: 39.8376
  • Longitude: -74.2063

    Address

  • Full Address: 1325 Sylvania Pl
  • Address - House Number: 1325
  • Address - Street Name: Sylvania
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R012
  • 4-Digit Zip Code: 4144
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,099

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 440,831
  • High Value: 538,277
  • Low Value: 343,386

    Market Valuation

  • Market Total Value: $209,500
  • Market Land Value: $85,000
  • Market Improvement Value: $124,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,500
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $124,500

    Sales

  • Current Sale Contract Date: Jul 16, 2014
  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014065042
  • Previous Sale Recording Date: Oct 01, 2007
  • Previous Sale Contract Date: Sep 28, 2007
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 12
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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan
Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Steven M Bloss, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21416423
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 1325 Sylvania Place built and last sold?
The property at 1325 Sylvania Place was built in 1983 and last sold on Jul 16, 2014 for $230,000.
How much is this home worth?
The estimated value of the home located at 1325 Sylvania Place is $0.
What are some comparable homes to 1325 Sylvania Place?
There are currently no comparable homes to 1325 Sylvania Place.
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