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Ocean
26 Cedar Drive
$178,000
● House - Off Market

26 Cedar Drive

Lanoka Harbor, NJ 08734
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,854 Ft²
$319,455
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Nice house in need of a buyer that wants to benefit from some sweat & equity. This is an estate sale and short sale. Home is being sold as-is. T.
Unit Size
1,854 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21517197)

Price History

Date / Event Date Event Price
Sep 10, 2015 Sold
Premium
Sold
May 5, 2015 Listed by United Real Estate Associates $180,000
Listed by United Real Estate Associates
Nice house in need of a buyer that wants to benefit from some sweat & equity. Four Bedrooms, 2.5 Baths, LR, DR, FR, EIK and two car garage. This home hits all the notes.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 00213960
  • District: 13
  • Parcel: 13 00742-0000-00033
  • Block: 742
  • Lot: 33
  • Municipality: LACEY TWP
  • Latitude: 39.8599
  • Longitude: -74.1708

    Address

  • Full Address: 26 Cedar Dr
  • Address - House Number: 26
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2201
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $521,169

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 429,385
  • High Value: 526,077
  • Low Value: 332,694

    Market Valuation

  • Market Total Value: $230,300
  • Market Land Value: $82,000
  • Market Improvement Value: $148,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,300
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $148,300

    Sales

  • Current Sale Contract Date: Sep 10, 2015
  • Current Sale Recording Date: Sep 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015095041
  • Previous Sale Recording Date: Jul 08, 1985
  • Previous Sale Contract Date: Jul 08, 1985
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: 27
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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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: Paul Quinn, United Real Estate Associates
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21517197
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 26 Cedar Drive built and last sold?
The property at 26 Cedar Drive was built in 1985 and last sold on Sep 10, 2015 for $178,000.
How much is this home worth?
The estimated value of the home located at 26 Cedar Drive is $0.
What are some comparable homes to 26 Cedar Drive?
There are currently no comparable homes to 26 Cedar Drive.
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