$862,000
●
House -
Off Market
225 Bay Stream Drive
Toms River, NJ 08753
3 Beds
3 Baths
2,500 Ft²
$1,394,327
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
BAYFRONT CUSTOM HOME WITH REVERSE LIVING FLOOR PLAN TO MAXIMIZE
BREATHTAKING VIEWS OF THE OPEN BAY AND CATTUS ISLAND! THIS
WATERFRONT HOME WITH OPEN FLOOR PLAN HAS IT ALL! IN GROUND HEATED
SALTWATER POOL! SOME OF THE OUTDOOR FEATURES INCLUDE KITCHEN
WITH ELECTRIC COOKTOP, VERMONT CASTINGS NATURAL GAS GRIL,
REFRIGERATOR, ICEMAKER,HOT AND COLD RUNNING WATER, CUSTOM CONCRETE
COUNTERTOPS, ELECTRIC RETRACTABLE AWNINGS, COVERED BAR AREA WITH
RECESSED LIGHTING, TV AND OUTDOOR MUSIC SYSTEM. VINYL BULKHEAD, TWO
BOAT LIFTS AND ONE JET SKI LIFT. IN ADDITION, THERE IS AN UPPER
DECK OVERLOOKING THE BAY THAT HAS NATURAL GAS VERMONT CASTINGS
GRILL. DEEDED MEMBERSHIP TO THE BEACH CLUB. TOWNSHIP OF
TOMS RIVER LETTER OF NON SUBSTANTIAL DAMAGE ON FILE (SEE
DOCUMENTS). YOUR DREAM HOME AT THE SHORE AWAITS YOU!
PLEASE ASK YOUR AGENT FOR THE FULL LIST OF ALL THE UPGRADES
ATTACHED TO THE LISTING REPORT IN "DOCUMENTS"
Unit Size
2,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$352
Property Type
House
Property Taxes
$1,005
HOA Dues
-
Year Built
1971
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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 #21730220)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $879,000 | |
| Listed | |||
| | |||
|
BAYFRONT CUSTOM HOME WITH REVERSE LIVING FLOOR PLAN TO MAXIMIZE BREATHTAKING VIEWS OF THE OPEN BAY AND CATTUS ISLAND! THIS WATERFRONT HOME WITH OPEN FLOOR PLAN HAS IT ALL! IN GROUND HEATED SALTWATER POOL! SOME OF THE OUTDOOR FEATURES INCLUDE KITCHEN WITH ELECTRIC COOKTOP, VERMONT CASTINGS NATURAL GAS GRIL, REFRIGERATOR, ICEMAKER,HOT AND COLD RUNNING WATER, CUSTOM CONCRETE COUNTERTOPS, ELECTRIC RETRACTABLE AWNINGS, COVERED BAR AREA WITH RECESSED LIGHTING, TV AND OUTDOOR MUSIC SYSTEM. VINYL BULKHEAD, TWO BOAT LIFTS AND ONE JET SKI LIFT. IN ADDITION, THERE IS AN UPPER DECK OVERLOOKING THE BAY THAT HAS NATURAL GAS VERMONT CASTINGS GRILL. DEEDED MEMBERSHIP TO THE BEACH CLUB. TOWNSHIP OF TOMS RIVER LETTER OF NON SUBSTANTIAL DAMAGE ON FILE (SEE DOCUMENTS). YOUR DREAM HOME AT THE SHORE AWAITS The manager has listed the unit size as 2500 square feet.
| |||
| Aug 2, 2017 | Listed by Weichert Realtors-Toms River | $879,000 | |
| Listed by Weichert Realtors-Toms River | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Toms River
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Listed by: Patricia Johnson, Weichert Realtors-Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21730220
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# 21730220
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