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New Egypt 08533
31 Lakeview Drive
$160,000
● House - Off Market

31 Lakeview Drive

New Egypt, NJ 08533
bedrooms
1 Bed
bathrooms
1 Bath
square feet
766 Ft²
$1,383
Est. Monthly
8.85%
Cap Rate

About This Property

Opportunity in own this 1-bedroom, 1-bathroom home w/ an office on Lakeview Dr in New Egypt. Unlock the potential of this charming property in a sought-after neighborhood with this exciting rehab opportunity! The purchaser will be responsible for any township certification requirements.
Unit Size
766 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$274
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1950

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: 2 years ago (MOMLS #22423132)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Oct 28, 2024 In contract -
In contract
Aug 10, 2024 Listed by C21/ Action Plus Realty $210,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,750
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 766
  • Building Area: 766
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 766
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000316
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Plumsted Township School District
  • Census Tract: 718000

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 10.3
  • District: 24
  • Parcel: 24 00035-0000-00006
  • Block: 35
  • Lot: 6
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0647
  • Longitude: -74.5334

    Address

  • Full Address: 31 Lakeview Dr
  • Address - House Number: 31
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: C001
  • 4-Digit Zip Code: 1524
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,928

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 273,006
  • High Value: 330,134
  • Low Value: 215,879

    Market Valuation

  • Market Total Value: $145,100
  • Market Land Value: $93,000
  • Market Improvement Value: $52,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,100
  • Assessed Land Value: $93,000
  • Assessed Improvements Value: $52,100

    Sales

  • Current Sale Contract Date: Oct 08, 1998
  • Current Sale Recording Date: Oct 27, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 087971

    Financing

  • First Mortgage Financing Type: UNK
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 New Egypt

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$289

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1852 ft²

Average Home Age

42.6 years

Currently For Sale

20 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 19 N Main Street, NEW EGYPT, NJ, 08533

$2,000 /mo

  • 2 Beds
  • 1 Bath
19 N Main Street #25A, NEW EGYPT, NJ, 08533 Listing by CARLA COLUCCI

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Wayne Brown, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22423132
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 31 Lakeview Drive built and last sold?
The property at 31 Lakeview Drive was built in 1950 and last sold on Oct 8, 1998 for $62,609.
How much is this home worth?
The estimated value of the home located at 31 Lakeview Drive is $0.
What are some comparable homes to 31 Lakeview Drive?
There are currently no comparable homes to 31 Lakeview Drive.
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