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Ocean 08731
1632 Lakeside Drive S
$250,000
● House - Off Market

1632 Lakeside Drive S

Forked River, NJ 08731
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$366,408
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

HOUSE FACES WOODLAND! Charming 4 Bedroom, 2 Bath Cape Located on a Dead End Street in Barnegat Pines. Great Floorplan w/ 2 Bedrooms & a Full Bath on the Main Floor. Stunning HW Floors on the 1st Level. Large Living Rm with Natural Light, Efficient Newer Windows Throughout the Home. Spacious Eat-in-Kitchen has been Renovated & Includes Upgraded Frigidaire Gallery SS Appl. 2 Pantries Surround the Counter Depth Refrigerator & Features a Large Area for Dining. Upstairs are 2 add'l Bedrooms with Plenty of Closet Space & a Newly Renovated Full Bath. This Home also has a  Full Basement-Ready to be Finished for Additional Living Space or Use for Storage. Outside is a Detached Garage & an Additional 40x100 Lot to the Left of the Garage is  Included. Property is Staked. Call Today for an Appointment
Unit Size
1,368 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1958

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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 #21919492)

Price History

Date / Event Date Event Price
Sep 9, 2019 Sold
Premium
Sold
May 10, 2019 Listed by RE/MAX New Beginnings Realty-Toms River $250,000
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 912
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 21,22,23

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 63
  • Account Number: 00080547
  • District: 13
  • Parcel: 13 01287-0000-00020
  • Block: 1287
  • Lot: 20
  • Municipality: LACEY TWP
  • Latitude: 39.8463
  • Longitude: -74.2091

    Address

  • Full Address: 1632 Lakeside Dr S
  • Address - House Number: 1632
  • Street Segment Direction: S
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R012
  • 4-Digit Zip Code: 3308
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $539,952

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 439,236
  • High Value: 537,378
  • Low Value: 341,095

    Market Valuation

  • Market Total Value: $238,600
  • Market Land Value: $83,500
  • Market Improvement Value: $155,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,600
  • Assessed Land Value: $83,500
  • Assessed Improvements Value: $155,100

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019091367
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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3053 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 Clearwater Drive, Forked River, NJ, 08731

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,622 ft²
101 Clearwater Drive, Forked River, NJ, 08731 Listing by Brooke OMahony

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Grace Talarico, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21919492
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 1632 Lakeside Drive South built and last sold?
The property at 1632 Lakeside Drive South was built in 1958 and last sold on Sep 9, 2019 for $150,000.
How much is this home worth?
The estimated value of the home located at 1632 Lakeside Drive South is $0.
What are some comparable homes to 1632 Lakeside Drive South?
There are currently no comparable homes to 1632 Lakeside Drive South.
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