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Ocean 08738
147 Squan Beach Drive
$1,150,000
● House - Off Market

147 Squan Beach Drive

Mantoloking, NJ 08738
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,660 Ft²
$1,894,791
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Exclusive Curtis Point Waterfront -  Maintenance Free Living - Everything complete and ready for you to move in, Relax and Enjoy this summer!  Maintenance free home.  New roof, new high end vinyl siding, Epoch Deck - girder system, self - cleaning Anthony in-ground heated and lighted concrete pool with spa, outdoor gas piping (no need for propane) and circular driveway.  New gourmet kitchen, open floor plan, new first floor bath with shower accessible to pool and waterfront.  Double air conditioning and double heating systems.  Heated floors, remote controlled gas fireplace.  Everything properly restored after Super Storm Sandy.  Private beach and tennis.  A rare opportunity and a must see for the homeowner who appreciates quality in the details. Ready for you!
Unit Size
2,660 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$470
Property Type
House
Property Taxes
$1,939
HOA Dues
$54
Year Built
1971

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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 #21719236)

Price History

Date / Event Date Event Price
Jun 28, 2018 Sold
Premium
Sold
May 15, 2017 Listed by Coldwell Banker Riviera Realty $1,250,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 2,660
  • Building Area: 2,660
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 739200

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 10.5
  • Account Number: 00101020
  • District: 07
  • Parcel: 07 00045- 05-00032
  • Block: 45.05
  • Lot: 32
  • Municipality: BRICK TWP
  • Latitude: 40.0243
  • Longitude: -74.0592

    Address

  • Full Address: 147 Squan Beach Dr
  • Address - House Number: 147
  • Address - Street Name: Squan Beach
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mantoloking
  • Carrier Code: C001
  • 4-Digit Zip Code: 1208
  • Zip Code: 08738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,636,951

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 1,836,050
  • High Value: 2,328,118
  • Low Value: 1,343,983

    Market Valuation

  • Market Total Value: $1,088,300
  • Market Land Value: $728,300
  • Market Improvement Value: $360,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,088,300
  • Assessed Land Value: $728,300
  • Assessed Improvements Value: $360,000

    Sales

  • Current Sale Contract Date: Jul 19, 2018
  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018073300
  • Previous Sale Recording Date: Apr 25, 2000
  • Previous Sale Contract Date: Apr 07, 2000
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

1583 ft²

Average Home Age

32.5 years

Currently For Sale

3087 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 213 Hayes Court, Lavallette, NJ, 08735

$6,500 /mo

  • 4 Beds
  • 3 Baths
213 Hayes Court, Lavallette, NJ, 08735 Listing by Donna Rothman

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joanne M Platz, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21719236
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 147 Squan Beach Drive built and last sold?
The property at 147 Squan Beach Drive was built in 1971 and last sold on Jul 19, 2018 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 147 Squan Beach Drive is $1,262,500.
What are some comparable homes to 147 Squan Beach Drive?
There are currently no comparable homes to 147 Squan Beach Drive.
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