$170,000
●
House -
Off Market
235 Willow Lane
Forked River, NJ 08731
2 Beds
2 Baths
$263,594
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Wonderful ranch in great quiet neighborhood! New carpet, kitchen
flooring and fresh paint throughout mean you can just move in! Huge
living room shows like a great room and the eat in kitchen has
plenty of room for your family! The large master bedroom has its
own bath. Come finish the basement for more living space! This is a
Freddie Mac Homesteps home and is available under the Freddie Mac
First Look Initiative through 2/20/2017. Investor offers will be
considered should the property still be available after that date.
Property is sold strictly AS-IS. All inspections are the
responsibility of the buyer and no repairs can be made prior to
closing. REO-NOT A SHORT SALE!
Unit Size
-
Days on Market
90 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1962
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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: 11 months ago (MOMLS #21711447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Relisted | $449,000 | |
| Relisted | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Keller Williams Shore Properties | $449,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
Time to Buy a Home! Updated ranch in the Sunrise Beach community—offering the best of Jersey Shore living! This home features 2 spacious bedrooms, 2 brand new bathrooms, and a large kitchen with granite countertops, perfect for everyday cooking and entertaining. Enjoy updated lighting, custom trim details and an electric fireplace in the living room. There's a dedicated dining area, a mud room for added convenience and a full basement offering endless possibilities for storage, a gym, or extra living space. Additional highlights include a brand new roof, solar panels for energy savings, and a 1-car garage. With quality upgrades throughout the home, this move-in ready ranch is the perfect blend of comfort and value. Fenced yard, lawn irrigation system, new flooring & fresh paint.
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Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Listed by: Lisa G Lopez, Home Alliance Realty, LLC
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 21711447
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: 11 months ago
Data Source: MOMMLS, MLS# 21711447
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017