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Sea Bright 07760 Sea Bright
15 Via Ripa
$350,000
● House - Off Market

15 Via Ripa

Sea Bright, NJ 07760
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,056 Ft²
$837,612
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Recently renovated and updated 2 bedroom 2 bath home nestled between the Shrewsbury River and Atlatic Ocean. Less than a 1/2 block away to ocean beach access. Riverviews from master bedroom.Recent upgrades include brand new roof, siding, kitchen and baths and appliances. New gleaming hardwood floors, new paint and trim.All set on 60x75 foot lot. Plenty of room for expansion, possibilities are endless.Full driveway plus backyard and a 30x75 side yard. All high and dry, no flood issues.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$368
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1932

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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 #21204781)

Price History

Date / Event Date Event Price
Jun 19, 2012 Sold
Premium
Sold
Feb 6, 2012 Listed by Gloria Nilson & Co. Real Estate $389,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 280
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Oceanport Borough School District
  • Census Tract: 812100

Zoning

  • Zoning: SF0

Geography

  • District: 42
  • Parcel: 42 00032-0000-00016
  • Block: 32
  • Lot: 16
  • Municipality: SEA BRIGHT BORO
  • Latitude: 40.3915
  • Longitude: -73.9769

    Address

  • Full Address: 15 Via Ripa
  • Address - House Number: 15
  • Address - Street Name: Via Ripa
  • State: NJ
  • City Name: Sea Bright
  • Carrier Code: C008
  • 4-Digit Zip Code: 2131
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677,786

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 692,426
  • High Value: 815,359
  • Low Value: 569,494

    Market Valuation

  • Market Total Value: $661,900
  • Market Land Value: $549,400
  • Market Improvement Value: $112,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,900
  • Assessed Land Value: $549,400
  • Assessed Improvements Value: $112,500

    Sales

  • Current Sale Contract Date: May 25, 2012
  • Current Sale Recording Date: Jul 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012070245
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 Sea Bright

Stats & Trends

Median Asking:

$1,912,000

Sale Price/ft²

$791

Above Asking

0.00%

Average Days on Market

68

Average Home Size

2337 ft²

Average Home Age

16.1 years

Currently For Sale

18 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 216 Ocean Avenue, Sea Bright, NJ, 07760

$3,500 /mo

  • 2 Beds
  • 2 Baths
216 Ocean Avenue, Sea Bright, NJ, 07760 Listing by Lucian J Siano
Unit for rent at 205 Bay Avenue, Highlands, NJ, 07732

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
205 Bay Avenue #2, Highlands, NJ, 07732 Listing by George M Coffenberg

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Karen Z Busichio, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21204781
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 Via Ripa built and last sold?
The property at 15 Via Ripa was built in 1932 and last sold on May 25, 2012 for $350,000.
How much is this home worth?
The estimated value of the home located at 15 Via Ripa is $392,890.
What are some comparable homes to 15 Via Ripa?
There are currently no comparable homes to 15 Via Ripa.
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