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Ocean 08731
26 Kent Drive
$265,000
● House - Off Market

26 Kent Drive

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
966 Ft²
$273,977
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

55+ Comm - Sought after Arlington Model in desirable Pheasant Run in Lacey.  Active clubhouse with pool.  Low maintainance. Great location with private backyard.  Just needs your personal touch.  Call today
Unit Size
966 Ft²
Days on Market
54 days
Land Size
0.15 acres
Price per sqft
$285
Property Type
House
Property Taxes
$242
HOA Dues
$195
Year Built
1985

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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: 6 months ago (MOMLS #22324887)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Sep 6, 2023 Listed by Crossroads Realty Inc-WH $275,000
Listed by Crossroads Realty Inc-WH

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732004

Zoning

  • Zoning: RRCD

Geography

  • Assessors Map Reference: TAX MAP 54.1
  • Account Number: 00209430
  • District: 13
  • Parcel: 13 01024- 06-00027
  • Block: 1024.06
  • Lot: 27
  • Municipality: LACEY TWP
  • Latitude: 39.8397
  • Longitude: -74.2167

    Address

  • Full Address: 26 Kent Dr
  • Address - House Number: 26
  • Address - Street Name: Kent
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R009
  • 4-Digit Zip Code: 5616
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $264,890

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 279,331
  • High Value: 342,120
  • Low Value: 216,541

    Market Valuation

  • Market Total Value: $128,100
  • Market Land Value: $45,000
  • Market Improvement Value: $83,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,100
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $83,100

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 87750
  • Previous Sale Recording Date: Dec 05, 2007
  • Previous Sale Contract Date: Nov 30, 2007
  • Previous Sale Amount: $168,000
  • 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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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

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MOMMLS

Listed by: Lori A Woytanowski, Crossroads Realty Inc-WH
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22324887
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 Kent Drive built and last sold?
The property at 26 Kent Drive was built in 1985 and last sold on Oct 27, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 26 Kent Drive is $0.
What are some comparable homes to 26 Kent Drive?
There are currently no comparable homes to 26 Kent Drive.
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