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Ocean 08527
271 Metedeconk Trail
$188,000
● House - Off Market

271 Metedeconk Trail

Jackson, NJ 08527
bedrooms
1 Bed
bathrooms
1 Bath
$270,359
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Great Investment Opportunity!

Quite tree lined street, over sized lot close to shopping, dining, dog park and Westlake Golf and Country Club
Unit Size
-
Days on Market
-
Land Size
1.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1946

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 #22024357)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by Keller Williams Realty Ocean Living $200,000
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 1
  • 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: 829
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,935
  • Total Building Area: 961
  • Building Area: 961
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 961
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001330
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 75
  • District: 12
  • Parcel: 12 07501-0000-00006
  • Block: 7501
  • Lot: 6
  • Municipality: JACKSON TWP
  • Latitude: 40.1161
  • Longitude: -74.2627

    Address

  • Full Address: 271 Metedeconk Trl
  • Address - House Number: 271
  • Address - Street Name: Metedeconk
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2029
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $591,765

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 396,520
  • High Value: 478,233
  • Low Value: 314,807

    Market Valuation

  • Market Total Value: $229,100
  • Market Land Value: $138,100
  • Market Improvement Value: $91,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,100
  • Assessed Land Value: $138,100
  • Assessed Improvements Value: $91,000

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020117704
  • Previous Sale Recording Date: Sep 19, 1997
  • Previous Sale Contract Date: Sep 09, 1997
  • 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

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4265 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 67 Rita Lane, Jackson, NJ, 08527

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,600 ft²
67 Rita Lane, Jackson, NJ, 08527 Listing by Dennis Hollman

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kyra Staffa, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22024357
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 271 Metedeconk Trail built and last sold?
The property at 271 Metedeconk Trail was built in 1946 and last sold on Sep 24, 2020 for $188,000.
How much is this home worth?
The estimated value of the home located at 271 Metedeconk Trail is $0.
What are some comparable homes to 271 Metedeconk Trail?
There are currently no comparable homes to 271 Metedeconk Trail.
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