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Ocean 08742
18 Eastham Lane
$590,000
● House - Off Market

18 Eastham Lane

Point Pleasant, NJ 08742
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,336 Ft²
$763,765
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Relax on your front porch in this quiet neighborhood at the end of a culdesac!! This 5 bedroom, 3 bath home boasts over 3,300 renovated sqft of living space including huge kitchen with butlers pantry. New stove, microwave, dishwasher & wine fridge. First floor also includes a bedroom w/full bath and a sun room overlooking the rear yard.  The master suite includes sitting area along with his and her walk-in closets w/built in cabinetry. Large master bathroom includes jacuzzi tub and shower w/bench seating, new custom vanity and fixtures. Three additional bedrooms and laundry room complete the second floor. Enjoy the large back yard on your deck or paver patio with fire pit! Stick built 12'x10' shed for storage completes the outdoor space. Solar and high efficiency furnace to lower the bills
Unit Size
3,336 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$169
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1950

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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 #22024374)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Jul 18, 2020 Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake $565,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,902
  • Total Building Area: 3,336
  • Building Area: 3,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 66.1
  • Account Number: 00624008
  • District: 07
  • Parcel: 07 01316-0000-00018
  • Block: 1316
  • Lot: 18
  • Municipality: BRICK TWP
  • Latitude: 40.0943
  • Longitude: -74.0903

    Address

  • Full Address: 18 Eastham Ln
  • Address - House Number: 18
  • Address - Street Name: Eastham
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Point Pleasant Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 2008
  • Zip Code: 08742

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,056,507

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 783,324
  • High Value: 949,410
  • Low Value: 617,238

    Market Valuation

  • Market Total Value: $430,700
  • Market Land Value: $167,700
  • Market Improvement Value: $263,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,700
  • Assessed Land Value: $167,700
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Contract Date: Feb 23, 2017
  • Current Sale Recording Date: Mar 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017022389
  • Previous Sale Recording Date: Aug 11, 2011
  • Previous Sale Contract Date: Jul 29, 2011
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: VAR
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

1584 ft²

Average Home Age

32.4 years

Currently For Sale

3030 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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Gregory DeTommaso, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22024374
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 18 Eastham Lane built and last sold?
The property at 18 Eastham Lane was built in 1950 and last sold on Feb 23, 2017 for $440,000.
How much is this home worth?
The estimated value of the home located at 18 Eastham Lane is $570,650.
What are some comparable homes to 18 Eastham Lane?
There are currently no comparable homes to 18 Eastham Lane.
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