$321,000
●
House -
Off Market
244 Station Drive
Forked River, NJ 08731
2 Beds
1 Bath
1,032 Ft²
$293,873
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
This turn-key ranch has been meticulously maintained and is ready
for it's newest owners to move right in! Step inside to find a
spacious living room, hardwood floors and a modern kitchen complete
with: granite countertops, a breakfast counter, stainless steel
appliances, a tile backsplash, and a separate dining area with a
sliding door out to the deck and vinyl fenced, low maintenance
yard! Additional features include a stylishly updated bathroom,
large bedrooms, a separate laundry/mud room, an attached garage,
newer roof, and plenty of closet/storage space! Set in a central
location close to the lakes, local shops, restaurants and the
parkway for an easy commute, this home will not last. Check it out
today!
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$281
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1973
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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 #22206558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by RE/MAX at Barnegat Bay | $289,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by RE/MAX at Barnegat Bay | $209,850 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
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Fantastic and affordable ranch in Forked River that has been completely renovated and stylishly updated. This 2 bedroom home features hardwood floors, a sleek and modern new kitchen with granite counter tops, a breakfast counter, stainless steel appliances and a tile back splash, a separate dining area with a slider, a new boutique style bathroom, large bedrooms, a separate laundry/mud room with access in from the back yard and garage, a new roof, front porch and plenty of closet/storage space. Great central location close to the lakes, local shops and restaurants and parkway for an easy commute. There is an attached 1 car garage and a large fenced in back yard. At 1,032 sq ft, this is one of the largest 2 bedrooms available on the market and is a great value at this price. Check it out!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Ocean
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Listed by: Robert Kosinski, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22206558
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: 2 years ago
Data Source: MOMMLS, MLS# 22206558
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Phone: 425-283-2930
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