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Beach Haven West 08050
20 Richard Drive
$710,000
● House - Off Market

20 Richard Drive

Beach Haven West, NJ 08050
bedrooms
5 Beds
bathrooms
2 Baths
$800,827
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Fantastic two story waterfront home located on a private cul-de-sac in Beach Haven West just moments to the open bay. This home features 5 large bedrooms, 2 full baths, full appliance package, Andersen windows, grand brick gas fireplace, 3 zone gas heat and central air, newer kitchen with quartz counters, stainless steel appliances ,island with wine cooler and recessed lighting. Enjoy an active outdoor lifestyle on the incredibly oversized fiberglass wrap-around deck with electric awning, newer vinyl bulkhead with dock, and balcony off the master bedroom, 3 car garage with office, entertaining room  and plenty of storage. Summer fun starts here!!
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$806
HOA Dues
-
Year Built
1970

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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 #22134794)

Price History

Date / Event Date Event Price
Apr 13, 2022 Sold
Premium
Sold
Oct 24, 2021 Listed by RE/MAX at Barnegat Bay $790,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 2
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,440
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735105

Zoning

  • Zoning: RR2A

Geography

  • Assessors Map Reference: TAX MAP 145
  • District: 31
  • Parcel: 31 00164-0000-00481
  • Block: 164
  • Lot: 481
  • Municipality: STAFFORD TWP
  • Latitude: 39.6616
  • Longitude: -74.2194

    Address

  • Full Address: 20 Richard Dr
  • Address - House Number: 20
  • Address - Street Name: Richard
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C009
  • 4-Digit Zip Code: 4222
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $979,029

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 774,666
  • High Value: 844,509
  • Low Value: 704,822

    Market Valuation

  • Market Total Value: $416,300
  • Market Land Value: $221,300
  • Market Improvement Value: $195,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,300
  • Assessed Land Value: $221,300
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50718
  • Previous Sale Recording Date: Apr 28, 2014
  • Previous Sale Contract Date: Apr 07, 2014
  • Previous Sale Amount: $524,000
  • 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 Beach Haven West

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$649

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2354 ft²

Average Home Age

27.9 years

Currently For Sale

59 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

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MOMMLS

Listed by: Linda Elphick, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22134794
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 20 Richard Drive built and last sold?
The property at 20 Richard Drive was built in 1970 and last sold on Mar 31, 2022 for $685,000.
How much is this home worth?
The estimated value of the home located at 20 Richard Drive is $0.
What are some comparable homes to 20 Richard Drive?
There are currently no comparable homes to 20 Richard Drive.
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