$411,500
●
House -
Off Market
15 DAVEY JONES WAY
WARETOWN, NJ 08758
3 Beds
2 Baths
1,631 Ft²
$452,945
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Time to invest in a rare find in desirable Skipper's Cove.
The home has 3 bedrooms, 2 full bathrooms, a large
combination den/dining/living area, and a quaint kitchen with
countertop dining space. The attached 2-car garage has been
converted into a workshop and could easily be changed into
additional living space, home gym, etc. The best part of the
property is the backyard great for entertaining and equipped with a
brick patio, gas grill, 70 feet of bulkhead that steps down
to 55 feet docking space, and lagoon where you can swim, boat,
fish, and enjoy everything waterfront living has to offer.
Quick access to Barnegat Bay for the avid fisherman.
Also has a covered front porch and a screened back porch.
The home does need updating but the bones are good.
Remodel and flip or call it home. Come see it today, it
won't last long! Property is being sold "AS-IS"; buyer
responsible for all inspections including the Fire Certificate.
Unit Size
1,631 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$245
Property Type
House
Property Taxes
$535
HOA Dues
$225
Year Built
1962
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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: 4 years ago (Bright MLS #NJOC408864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Keller Williams Realty - Medford | $399,000 | |
| Listed by Keller Williams Realty - Medford | |||
Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Waretown
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Listed by: JANE BALMER-CRAFTS
Keller Williams Realty - Medford
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC408864
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty - Medford
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJOC408864
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017