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Ocean 08527
29 Dawn Cypress Lane
$501,000
● House - Off Market

29 Dawn Cypress Lane

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,100 Ft²
$2,924
Est. Monthly
7.10%
Cap Rate

About This Property

Beautifully updated 2/3 Bedroom 2 FULL BATH Ranch on HALF ACRE of property! Warm, Inviting Living Room with WOODBURNING FIREPLACE & BUILT IN SHELVING! Large Newer Kitchen with MAPLE CABINETS, STAINLESS STEEL APPLIANCES, DINETTE, Laminate Flooring & Sliders to Deck. HARDWOOD FLOORS from the Living Room throughout Bedrooms! Master Bedroom was combined with 3rd Bedroom. (Buyer can open linen closet to divide back to 3rd Bedroom if they wish.) FINISHED BASEMENT with 3 Rooms, FULL BATH, Plus Large Storage Room!  Sit and Relax on your Deck overlooking LARGE YARD! Back Roof Replaced in 2017 & 2022 in Front! PUBLIC WATER & NEWER SEPTIC! CLOSE TO EVERYTHING! CALL TODAY FOR A PRIVATE SHOWING!
Unit Size
1,100 Ft²
Days on Market
61 days
Land Size
0.49 acres
Price per sqft
$432
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1955

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: 6 months ago (MOMLS #22411894)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
May 20, 2024 Relisted $475,000
Relisted
May 15, 2024 In contract -
In contract
May 1, 2024 Listed by Keller Williams Realty Monmouth/Ocean $475,000
Listed by Keller Williams Realty Monmouth/Ocean
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 12
  • Parcel: 12 05810-0000-00062
  • Block: 5810
  • Lot: 62
  • Municipality: JACKSON TWP
  • Latitude: 40.1475
  • Longitude: -74.2594

    Address

  • Full Address: 29 Dawn Cypress Ln
  • Address - House Number: 29
  • Address - Street Name: Dawn Cypress
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1306
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $695,602

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 482,596
  • High Value: 589,769
  • Low Value: 375,422

    Market Valuation

  • Market Total Value: $269,300
  • Market Land Value: $144,900
  • Market Improvement Value: $124,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,300
  • Assessed Land Value: $144,900
  • Assessed Improvements Value: $124,400

    Sales

  • Current Sale Contract Date: Oct 01, 2009
  • Current Sale Recording Date: Oct 16, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2009110484
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

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 10 Smith Street, Howell, NJ, 07731

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
10 Smith Street, Howell, NJ, 07731 Listing by Clara Borras

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Soubasis, Keller Williams Realty Monmouth/Ocean
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22411894
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 29 Dawn Cypress Lane built and last sold?
The property at 29 Dawn Cypress Lane was built in 1955 and last sold on Oct 1, 2009 for $245,000.
How much is this home worth?
The estimated value of the home located at 29 Dawn Cypress Lane is $0.
What are some comparable homes to 29 Dawn Cypress Lane?
There are currently no comparable homes to 29 Dawn Cypress Lane.
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