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Ocean 08759
1361 Cabot Avenue
$400,000
● House - Off Market

1361 Cabot Avenue

Whiting, NJ 08759
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,288 Ft²
$443,548
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

** WONDERFUL HOME IN THE COUNTRY ON AN ACRE OF PROPERTY WITH A POOL AND LOTS OF PRIVACY ** WOW!!  ** FULL BASEMENT  ** NEWER ROOF, HVAC AND WATER TREATMENT SYSTEM ** POWDER ROOM COMPLETELY RENOVATED ** 2 BEDROOMS NEWLY PAINTED WITH NEW LAMINATE FLOORING ** NEWER WASHER AND DRYER ** SLIDING GLASS DOORS LEAD TO DECK WHERE YOU CAN ADMIRE YOUR OWN PRIVATE OASIS
Unit Size
1,288 Ft²
Days on Market
28 days
Land Size
1.01 acres
Price per sqft
$333
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1980

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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: 7 months ago (MOMLS #22217080)

Price History

Date / Event Date Event Price
Aug 19, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by Crossroads Realty Manchester $429,000
Listed by Crossroads Realty Manchester

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,288
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: ANDOVER

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720001

Zoning

  • Zoning: WT40

Geography

  • Assessors Map Reference: TAX MAP 2602
  • Account Number: 6773
  • District: 19
  • Parcel: 19 00099- 218-00002
  • Block: 99.218
  • Lot: 2
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9111
  • Longitude: -74.3835

    Address

  • Full Address: 1361 Cabot Ave
  • Address - House Number: 1361
  • Address - Street Name: Cabot
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C033
  • 4-Digit Zip Code: 3801
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $540,460

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 440,654
  • High Value: 527,303
  • Low Value: 354,004

    Market Valuation

  • Market Total Value: $244,000
  • Market Land Value: $85,000
  • Market Improvement Value: $159,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $159,000

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 102495
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

1582 ft²

Average Home Age

32.6 years

Currently For Sale

3072 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: Jennifer Czarnecki, Crossroads Realty Manchester
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 22217080
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 1361 Cabot Avenue built and last sold?
The property at 1361 Cabot Avenue was built in 1980 and last sold on Aug 17, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 1361 Cabot Avenue is $0.
What are some comparable homes to 1361 Cabot Avenue?
There are currently no comparable homes to 1361 Cabot Avenue.
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