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Ocean 08731
1538 Beverly Road
$335,000
● House - Off Market

1538 Beverly Road

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
$522,046
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

You don't want to miss this beautifully renovated California Ranch with views of the Lower Lake. Boasting a 16 foot stone fireplace, Cathedral ceilings, and open floor concept. Hardwood Floors in main living area, Brand new carpet in bedrooms. Fresh paint throughout the entire home make this home move in ready! Just Unpack!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
2002

Payment Calculator

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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 #21900547)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Jan 4, 2019 Listed by Keller Williams Realty Preferred Properties $349,000
Listed by Keller Williams Realty Preferred Properties
You don't want to miss this beautifully renovated California Ranch with views of the Lower Lake. Boasting a 16 foot stone fireplace, Cathedral ceilings, and open floor concept. Hardwood Floors in main living area, Brand new carpet in bedrooms. Fresh paint throughout the entire home make this home move in ready! Just Unpack!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,700
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOTS 23,24,25,26,27

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732004

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 61
  • Account Number: 00077269
  • District: 13
  • Parcel: 13 01246-0000-00022
  • Block: 1246
  • Lot: 22
  • Municipality: LACEY TWP
  • Latitude: 39.8445
  • Longitude: -74.2074

    Address

  • Full Address: 1538 Beverly Rd
  • Address - House Number: 1538
  • Address - Street Name: Beverly
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R009
  • 4-Digit Zip Code: 3425
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $710,582
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 556,751
  • High Value: 677,456
  • Low Value: 436,045

    Market Valuation

  • Market Total Value: $314,000
  • Market Land Value: $85,000
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Apr 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019029402
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Aug 13, 2018
  • Previous Sale Amount: $194,591
  • Previous Sale Document Type: 12
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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1591 ft²

Average Home Age

24.6 years

Currently For Sale

4247 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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Frank Aromando, Keller Williams Preferred Properties,Bayville
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21900547
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 1538 Beverly Road built and last sold?
The property at 1538 Beverly Road was built in 2002 and last sold on Mar 28, 2019 for $335,000.
How much is this home worth?
The estimated value of the home located at 1538 Beverly Road is $0.
What are some comparable homes to 1538 Beverly Road?
There are currently no comparable homes to 1538 Beverly Road.
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