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Ocean 08721
211 Cedar Drive
$399,000
● House - Off Market

211 Cedar Drive

Bayville, NJ 08721
bedrooms
3 Beds
bathrooms
1 Bath
$379,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Waterfront Oasis in Glen Cove! This charming home offers coastal living at its finest. Located in the coveted Glen Cove waterfront community, it boasts an open-concept living space, perfect for gatherings. You're just seconds from the bay, allowing you to indulge in water activities. The property features a brand-new vinyl bulkhead and a delightful paver patio, ideal for relaxing and entertaining. Nestled in a great neighborhood, this home promises the perfect blend of comfort and convenience. Your dream waterfront lifestyle starts here! This home is NOT substantially damaged.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1965

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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 #22327042)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Sep 28, 2023 Listed by Keller Williams Preferred Properties,Bayville $379,900
Listed by Keller Williams Preferred Properties,Bayville

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 651
  • Building Area: 651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 651
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731002

Zoning

  • Zoning: R64

Geography

  • Assessors Map Reference: TAX MAP 123
  • District: 06
  • Parcel: 06 01548-0000-00005
  • Block: 1548
  • Lot: 5
  • Municipality: BERKELEY TWP
  • Latitude: 39.8875
  • Longitude: -74.1436

    Address

  • Full Address: 211 Cedar Dr
  • Address - House Number: 211
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Bayville
  • Carrier Code: C011
  • 4-Digit Zip Code: 3109
  • Zip Code: 08721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $512,553

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 409,529
  • High Value: 490,632
  • Low Value: 328,426

    Market Valuation

  • Market Total Value: $229,100
  • Market Land Value: $177,600
  • Market Improvement Value: $51,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,100
  • Assessed Land Value: $177,600
  • Assessed Improvements Value: $51,500

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 87571
  • Previous Sale Recording Date: Feb 17, 2004
  • Previous Sale Contract Date: Feb 10, 2004
  • Previous Sale Amount: $90,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1588 ft²

Average Home Age

32.5 years

Currently For Sale

3034 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 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Alyssa Giglio, Keller Williams Preferred Properties,Bayville
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22327042
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 211 Cedar Drive built and last sold?
The property at 211 Cedar Drive was built in 1965 and last sold on Nov 2, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 211 Cedar Drive is $383,699.
What are some comparable homes to 211 Cedar Drive?
There are currently no comparable homes to 211 Cedar Drive.
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