$675,000
●
House -
Off Market
1401 Lakeside Drive S
Forked River, NJ 08731
4 Beds
2 Baths,
1
Half Bath
2,758 Ft²
$3,589
Est. Monthly
6.60%
Cap Rate
About This Property
NEW CONSTRUCTION! Located in the heart of Forked River. This
home is conveniently situated across from a Lake and Playground.
It's not far from the heart of town with access to Restaurants,
Doctors, and convenient Shopping and quick access to Lacey Rd.,
GSP, & Rt 9. This beautiful home features open concepts.
Large-size kitchen, beautiful cabinets, center island, quartz
countertops. good size family room, and formal dining area and
living room. The Master bedroom is Huge and has a walk-in
closet that is the size of a bedroom. It also features a
bonus room which can be an office or work- out room.
The Master Bath is beautiful with double sinks. The full basement is also a huge plus for extra storage or have it finished for additional room for entertaining.
The Master Bath is beautiful with double sinks. The full basement is also a huge plus for extra storage or have it finished for additional room for entertaining.
Unit Size
2,758 Ft²
Days on Market
245 days
Land Size
0.22 acres
Price per sqft
$252
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
-
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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: 2 years ago (MOMLS #22428452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Price Decreased |
$695,000
↓ $120K
(14.7%) | |
| Price Decreased | |||
| Oct 1, 2024 | Price Increased |
$815,000
↑ $120K
(17.3%) | |
| Price Increased | |||
| Oct 1, 2024 | Listed by RE/MAX at Barnegat Bay - Forked River | $695,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
NEW CONSTRUCTION! Located in the heart of Forked River. This home is conveniently situated across from a Lake and Playground. It's not far from the heart of town with access to Restaurants, Doctors, and convenient Shopping and quick access to Lacey Rd., GSP, & Rt 9. This beautiful home features open concepts. Large-size kitchen, beautiful cabinets, center island, quartz countertops. good size family room, and formal dining area and living room. The Master bedroom is Huge and has a walk-in closet that is the size of a bedroom. It also features a bonus room which can be an office or work- out room. The Master Bath is beautiful with double sinks. The full basement is also a huge plus for extra storage or have it finished for additional room for entertaining.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Ocean
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Listed by: Rosa Mazzei, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22428452
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22428452
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