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Ocean 08721
24 Pheasant Drive
$225,000
● House - Off Market

24 Pheasant Drive

Bayville, NJ 08721
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$387,684
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

LOVELY WELL-KEPT BI-LEVEL HOME. VINYL SIDING & BRICK EXTERIOR, SEVERAL UPDATES THROUGHOUT. BEAUTIFUL UPPER DECK OVERLOOKING MASSIVE PRIVATE FENCED YARD. TWO WORKING FIREPLACES - ONE IN THE LIVING ROOM THE OTHER IN THE DOWNSTAIRS DEN. HARDWOOD FLOORS AN ADDED PLUS. THIS HOME IS WAITING FOR THE PERFECT FAMILY TO MOVE IN.
Unit Size
1,588 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1975

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 #21632501)

Price History

Date / Event Date Event Price
Oct 5, 2016 Sold
Premium
Sold
Aug 15, 2016 Listed by Silver Ridge Realty, LLP $229,900
Listed by Silver Ridge Realty, LLP
WELL-KEPT BI-LEVEL HOME WITH 4 BDRS & 2 FULL BATHS. VINYL AND BRICK SIDING WITH LEADED GLASS FRONT DOOR. TWO WORKING FIREPLACES. EAT-IN KITCHEN WITH SLIDING DOOR THAT LEADS TO UPPER DECK. BEAUTIFUL VIEW OF OVERSIZED FENCED PROPERTY BACKING TO WOODS. HARDWOOD FLOORS PLUS TWO CAR GARAGE MAKE THIS A VERY SPECIAL HOME.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 14,300
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000328
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731102

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 94
  • District: 06
  • Parcel: 06 01841- 05-00014
  • Block: 1841.05
  • Lot: 14
  • Municipality: BERKELEY TWP
  • Latitude: 39.9168
  • Longitude: -74.169

    Address

  • Full Address: 24 Pheasant Dr
  • Address - House Number: 24
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Bayville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1629
  • Zip Code: 08721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $534,412

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 239,629
  • High Value: 344,649
  • Low Value: 134,608

    Market Valuation

  • Market Total Value: $234,700
  • Market Land Value: $105,900
  • Market Improvement Value: $128,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,700
  • Assessed Land Value: $105,900
  • Assessed Improvements Value: $128,800

    Sales

  • Current Sale Contract Date: Oct 04, 2016
  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016102952
  • Previous Sale Recording Date: Jan 11, 1994
  • Previous Sale Contract Date: Nov 12, 1993
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1589 ft²

Average Home Age

35.2 years

Currently For Sale

3039 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 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Theresa Bisogna, Silver Ridge Realty, LLP
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21632501
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 24 Pheasant Drive built and last sold?
The property at 24 Pheasant Drive was built in 1975 and last sold on Oct 4, 2016 for $225,000.
How much is this home worth?
The estimated value of the home located at 24 Pheasant Drive is $247,736.
What are some comparable homes to 24 Pheasant Drive?
There are currently no comparable homes to 24 Pheasant Drive.
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