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Toms River 08753
194 Bay Stream Drive
$120,000
● House - Off Market

194 Bay Stream Drive

Toms River, NJ 08753
bedrooms
2 Beds
bathrooms
1 Bath
$272,877
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

user buyer w 203K or investor buyer. wonderful bayviews, join the association to use the boat ramp, or active clubhouse. owner remediated quickly professionally w permits, electric repaired, all works,sheetrock insulation hardwood floor removed. kitchen cabs all intact, you decide. appliances, heater, ht wtr htr removed, not sure about CA status. home to be sold strictly as is where is no representations. nice lot this is an opportunity any way you consider it. turn breaker on in box in garage.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1955

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 #21306399)

Price History

Date / Event Date Event Price
Jul 2, 2013 Sold
Premium
Sold
Feb 26, 2013 Listed by C21/ Action Plus Realty $140,000
Listed by C21/ Action Plus Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 700
  • Building Area: 700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 36,37

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722402

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 2202
  • District: 08
  • Parcel: 08 00232- 20-00035
  • Block: 232.20
  • Lot: 35
  • Municipality: DOVER TWP
  • Latitude: 40.0025
  • Longitude: -74.1323

    Address

  • Full Address: 194 Bay Stream Dr
  • Address - House Number: 194
  • Address - Street Name: Bay Stream
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C095
  • 4-Digit Zip Code: 2573
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $454,697
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 440,649
  • High Value: 527,934
  • Low Value: 353,364

    Market Valuation

  • Market Total Value: $272,600
  • Market Land Value: $84,000
  • Market Improvement Value: $188,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,600
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $188,600

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013076742
  • Previous Sale Recording Date: Oct 23, 1996
  • Previous Sale Contract Date: Oct 15, 1996
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 27
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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1717 ft²

Average Home Age

45.7 years

Currently For Sale

364 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 2264 Hovsons Boulevard, Toms River, NJ, 08753

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 1,072 ft²
2264 Hovsons Boulevard, Toms River, NJ, 08753 Listing by Thomas Tvrdik
Unit for rent at 124 Mathis Drive, Brick, NJ, 08723

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
124 Mathis Drive, Brick, NJ, 08723 Listing by James Felitti

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jonathan Hopmayer, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21306399
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 194 Bay Stream Drive built and last sold?
The property at 194 Bay Stream Drive was built in 1955 and last sold on Jul 12, 2013 for $120,000.
How much is this home worth?
The estimated value of the home located at 194 Bay Stream Drive is $141,400.
What are some comparable homes to 194 Bay Stream Drive?
There are currently no comparable homes to 194 Bay Stream Drive.
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