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Ocean 08721
14 Prairie Lane
$448,640
● House - Off Market

14 Prairie Lane

Bayville, NJ 08721
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,556 Ft²
$518,523
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

*DUE TO COVID BY APPOINTMENT ONLY! NO WALK-INS*WELCOME TO YOUR NEW NEIGHBORHOOD! HICKORY MEADOWS... THE JERSEY SHORE'S MOST EXCITING NEW COMMUNITY! The ROSEWOOD MODEL offers a Luxurious *1ST FLOOR MASTER SUITE* featuring HIS & HERS WALK-IN CLOSETS and elegant MASTER BATH with TUB & SHOWER. 2 STORY FOYER Leads to Large Open 2 STORY GREAT ROOM! GOURMET KITCHEN with GRANITE COUNTERS, CENTER ISLAND & STAINLESS STEEL APPLIANCES open to GREAT ROOM. LARGE LOTS, Optional WALKOUT BASEMENTS. CLOSE TO GSP, SHOPPING, BEACHES & MARINAS. Quick Delivery Homes also Available. CALL OR VISIT TO RESERVE YOUR NEW HOME TODAY! BY APPOINTMENT ONLY!
Unit Size
2,556 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2021

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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 #22032162)

Price History

Date / Event Date Event Price
Jul 8, 2021 Sold
Premium
Sold
Sep 9, 2020 Listed by Keller Williams Realty Monmouth/Ocean $448,640
Listed by Keller Williams Realty Monmouth/Ocean
Jan 3, 2020 No longer available -
No longer available
Aug 15, 2019 Listed $409,900
Listed
WELCOME TO YOUR NEW NEIGHBORHOOD! HICKORY MEADOWS... THE JERSEY SHORE'S MOST EXCITING NEW COMMUNITY! The CYPRESS MODEL offers 2 STORY FOYER Leading to Large Open Living & Dining Rooms. GOURMET KITCHEN with GRANITE COUNTERS, CENTER ISLAND & STAINLESS STEEL APPLIANCES open to FAMILY ROOM with VAULTED CEILING. The Luxurious MASTER SUITE includes a generous WALK-IN CLOSET and elegant MASTER BATH. LARGE LOTS, Optional WALKOUT BASEMENTS. CLOSE TO GSP, SHOPPING, BEACHES & MARINAS. Quick Delivery Homes also Available. CALL OR VISIT TO RESERVE YOUR NEW HOME TODAY! The manager has listed the unit size as 2601 square feet.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,775
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,565
  • Building Area: 2,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,670
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731102

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 108
  • District: 06
  • Parcel: 06 00939-0000-00019- 16
  • Block: 939
  • Lot: 19.16
  • Municipality: BERKELEY TWP
  • Latitude: 39.9056
  • Longitude: -74.1656

    Address

  • Full Address: 14 Prairie Ln
  • Address - House Number: 14
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Bayville
  • Carrier Code: C014
  • 4-Digit Zip Code: 2252
  • Zip Code: 08721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $946,549

    Market Valuation

  • Market Total Value: $415,700
  • Market Land Value: $82,400
  • Market Improvement Value: $333,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,700
  • Assessed Land Value: $82,400
  • Assessed Improvements Value: $333,300

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021112491
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

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Soubasis, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22032162
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 14 Prairie Lane built and last sold?
The property at 14 Prairie Lane was built in 2021 and last sold on Jun 30, 2021 for $448,640.
How much is this home worth?
The estimated value of the home located at 14 Prairie Lane is $0.
What are some comparable homes to 14 Prairie Lane?
There are currently no comparable homes to 14 Prairie Lane.
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