$230,000
●
House -
Off Market
1852 Cable Drive
Toms River, NJ 08753
2 Beds
2 Baths
1,454 Ft²
$333,196
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
SELLER HAS REQUESTED HIGHEST AND BEST OFFERS BY 11:59 PM MST ON
THURSDAY, MAY 30, 2019.
2 bedroom, 2 bath lagoon front Ranch located on a cul-de-sac in the Snug Harbor section of Toms River Township. 1 car attached garage, fenced yard w/inground pool. Gas/Fha/CA, public water & sewer. Conveniently located near shopping/beaches/ bays/parks/Garden State Parkway access. Home is being sold AS IS. Seller will not negotiate offers with home sale contingencies. HOME HAS MOLD/POSSIBLE STRUCTURAL ISSUE & SHALLOW LAGOON WHICH MAY LIMIT USE OF SOME TYPES OF WATERCRAFTS. BUYER SHOULD RESEARCH SUBSTANTIALLY DAMGED VS. SUBSTANTIALLY IMPROVED W/ TWP. BUILDING/ZONING DEPTS. PRIOR TO MAKING OFFER TO PURCHASE.
2 bedroom, 2 bath lagoon front Ranch located on a cul-de-sac in the Snug Harbor section of Toms River Township. 1 car attached garage, fenced yard w/inground pool. Gas/Fha/CA, public water & sewer. Conveniently located near shopping/beaches/ bays/parks/Garden State Parkway access. Home is being sold AS IS. Seller will not negotiate offers with home sale contingencies. HOME HAS MOLD/POSSIBLE STRUCTURAL ISSUE & SHALLOW LAGOON WHICH MAY LIMIT USE OF SOME TYPES OF WATERCRAFTS. BUYER SHOULD RESEARCH SUBSTANTIALLY DAMGED VS. SUBSTANTIALLY IMPROVED W/ TWP. BUILDING/ZONING DEPTS. PRIOR TO MAKING OFFER TO PURCHASE.
Unit Size
1,454 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$156
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1960
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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 #21920631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by RE/MAX at Barnegat Bay - Toms River | $227,050 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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SELLER HAS REQUESTED HIGHEST AND BEST OFFERS BY 11:59 PM MST ON THURSDAY, MAY 30, 2019. 2 bedroom, 2 bath lagoon front Ranch located on a cul-de-sac in the Snug Harbor section of Toms River Township. 1 car attached garage, fenced yard w/inground pool. Gas/Fha/CA, public water & sewer. Conveniently located near shopping/beaches/ bays/parks/Garden State Parkway access. Home is being sold AS IS. Seller will not negotiate offers with home sale contingencies. HOME HAS MOLD/POSSIBLE STRUCTURAL ISSUE & SHALLOW LAGOON WHICH MAY LIMIT USE OF SOME TYPES OF WATERCRAFTS. BUYER SHOULD RESEARCH SUBSTANTIALLY DAMGED VS. SUBSTANTIALLY IMPROVED W/ TWP. BUILDING/ZONING DEPTS. PRIOR TO MAKING OFFER TO PURCHASE. Employees and family members residing with employees of employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectlypurchasing any property owned by JPMorgan Chase Bank, N.A.
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Toms River
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Listed by: John Glancy Jr., RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21920631
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21920631
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