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Ocean 08721
3 Paddock Court
$415,250
● House - Off Market

3 Paddock Court

Bayville, NJ 08721
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,315 Ft²
$471,392
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

*DUE TO COVID BY APPOINTMENT ONLY! NO WALK-INS* *NEW ASPEN MODEL!* WELCOME TO YOUR NEW NEIGHBORHOOD! HICKORY MEADOWS... THE JERSEY SHORE'S MOST EXCITING NEW COMMUNITY! Beautiful 2 STORY FOYER Leads to DINING ROOM & Large OPEN FLOOR PLAN of KITCHEN open to FAMILY ROOM. GOURMET KITCHEN w/ GRANITE COUNTERS, CENTER ISLAND & STAINLESS STEEL APPLIANCES. BEAUTIFUL LOTS, Optional WALKOUT/ WALK-UP. CLOSE TO GSP, SHOPPING, BEACHES & MARINAS. Quick Delivery Homes may also be Available. BY APPOINTMENT ONLY! CALL OR VISIT TO RESERVE YOUR NEW HOME TODAY!
Unit Size
2,315 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2020

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 #22028031)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 12, 2020 Listed by Keller Williams Realty Monmouth/Ocean $415,250
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,228
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,484
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731102

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 108
  • District: 06
  • Parcel: 06 00939-0000-00019- 05
  • Block: 939
  • Lot: 19.05
  • Municipality: BERKELEY TWP
  • Latitude: 39.9043
  • Longitude: -74.1633

    Address

  • Full Address: 3 Paddock Ct
  • Address - House Number: 3
  • Address - Street Name: Paddock
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Bayville
  • Carrier Code: C014
  • 4-Digit Zip Code: 2255
  • Zip Code: 08721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $867,082

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 611,216
  • High Value: 728,916
  • Low Value: 493,517

    Market Valuation

  • Market Total Value: $380,800
  • Market Land Value: $81,700
  • Market Improvement Value: $299,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,800
  • Assessed Land Value: $81,700
  • Assessed Improvements Value: $299,100

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021147542
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

32.4 years

Currently For Sale

3049 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 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Soubasis, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22028031
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 3 Paddock Court built and last sold?
The property at 3 Paddock Court was built in 2020 and last sold on Sep 9, 2021 for $415,250.
How much is this home worth?
The estimated value of the home located at 3 Paddock Court is $0.
What are some comparable homes to 3 Paddock Court?
There are currently no comparable homes to 3 Paddock Court.
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