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Ocean 08005
15 Capstan Street
$324,000
● House - Off Market

15 Capstan Street

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,844 Ft²
$341,917
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Remodeled home ready for new owner to enjoy! Beautiful hard wood floors throughout. Granite counters, stainless steel appliances and large peninsula in kitchen. Bright and spacious living room opens to kitchen and dining area perfect for today's lifestyle. Master bedroom with direct access to full bathroom. Two additional bedrooms complete the upper level. Downstairs you will find a large family room with sliders to back yard, a half bath, an additional room which could be used as an office or 4th bedroom and 1 car garage. Nothing to do but unpack!
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$176
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1973

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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: 2 years ago (MOMLS #22228153)

Price History

Date / Event Date Event Price
Nov 16, 2022 Sold
Premium
Sold
Sep 5, 2022 Listed by Heritage House Sotheby's International Realty $324,000
Listed by Heritage House Sotheby's International Realty
Jun 29, 2022 No longer available -
No longer available
May 20, 2022 Relisted $310,000
Relisted
Mar 27, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNEGAT VILLAGE
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 79
  • District: 01
  • Parcel: 01 00114- 34-00007
  • Block: 114.34
  • Lot: 7
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7403
  • Longitude: -74.244

    Address

  • Full Address: 15 Capstan St
  • Address - House Number: 15
  • Address - Street Name: Capstan
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R008
  • 4-Digit Zip Code: 1629
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,483

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 301,054
  • High Value: 328,197
  • Low Value: 273,911

    Market Valuation

  • Market Total Value: $183,700
  • Market Land Value: $68,500
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,700
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $115,200

    Sales

  • Current Sale Contract Date: Nov 15, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 121451
  • Previous Sale Recording Date: Dec 07, 1988
  • Previous Sale Contract Date: Dec 07, 1988
  • Previous Sale Document Type: 27
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

1597 ft²

Average Home Age

29.2 years

Currently For Sale

4406 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 80 Bowline Street, Barnegat, NJ, 08005

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,908 ft²
80 Bowline Street, Barnegat, NJ, 08005 Listing by Karen Rucando

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Julia Lynch, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22228153
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 15 Capstan Street built and last sold?
The property at 15 Capstan Street was built in 1973 and last sold on Nov 15, 2022 for $324,000.
How much is this home worth?
The estimated value of the home located at 15 Capstan Street is $0.
What are some comparable homes to 15 Capstan Street?
There are currently no comparable homes to 15 Capstan Street.
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