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Ocean
25 Laurel Boulevard
$301,000
● House - Off Market

25 Laurel Boulevard

Lanoka Harbor, NJ 08734
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,126 Ft²
$1,787
Est. Monthly
15.54%
Cap Rate

About This Property

Welcome to the water ways in Lanoka Harbor, just short walk away.  This is a 4 bedroom ranch with one bathroom. The home that needs you to make it your dream home .If your looking for a ranch and would love to walk to the water this is a home you may want to see.  Large lot for  lots of future entertainment.
Unit Size
1,126 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$266
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1960

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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: 2 years ago (MOMLS #22331226)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Nov 16, 2023 Listed by RE/MAX First Realty $299,999
Listed by RE/MAX First Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • 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: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,126
  • Building Area: 1,126
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,126
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOTS 42,44

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 00046234
  • District: 13
  • Parcel: 13 00743-0000-00040
  • Block: 743
  • Lot: 40
  • Municipality: LACEY TWP
  • Latitude: 39.8611
  • Longitude: -74.1707

    Address

  • Full Address: 25 Laurel Blvd
  • Address - House Number: 25
  • Address - Street Name: Laurel
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2209
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,563

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 330,680
  • High Value: 405,145
  • Low Value: 256,216

    Market Valuation

  • Market Total Value: $166,400
  • Market Land Value: $83,500
  • Market Improvement Value: $82,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,400
  • Assessed Land Value: $83,500
  • Assessed Improvements Value: $82,900

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 7419
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

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3040 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 435 Laurel Boulevard, Lanoka Harbor, NJ, 08734

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,556 ft²
435 Laurel Boulevard, Lanoka Harbor, NJ, 08734 Listing by Ronald J Stoner

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia Brady, RE/MAX First Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22331226
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 25 Laurel Boulevard built and last sold?
The property at 25 Laurel Boulevard was built in 1960 and last sold on Jan 29, 2024 for $301,000.
How much is this home worth?
The estimated value of the home located at 25 Laurel Boulevard is $0.
What are some comparable homes to 25 Laurel Boulevard?
There are currently no comparable homes to 25 Laurel Boulevard.
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