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Ocean
310 Hemlock Drive
$232,500
● House - Off Market

310 Hemlock Drive

Lanoka Harbor, NJ 08734
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,314 Ft²
$382,557
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Nice 3 bed, 2 bath ranch with ''L'' floor plan, hardwood flooring & wood laminate throughout, new granite countertops and glass tile backsplash,

walk-in closets, fenced back yard which can be cleared to be much deeper, nice landscaping and sprinklers...ready for immediate occupancy!
Unit Size
1,314 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1986

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 #21722263)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
Jun 5, 2017 Listed by RE/MAX at Barnegat Bay $239,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 43
  • Account Number: 00049402
  • District: 13
  • Parcel: 13 00779-0000-00020
  • Block: 779
  • Lot: 20
  • Municipality: LACEY TWP
  • Latitude: 39.8603
  • Longitude: -74.1645

    Address

  • Full Address: 310 Hemlock Dr
  • Address - House Number: 310
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2422
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $463,689

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 399,277
  • High Value: 487,693
  • Low Value: 310,862

    Market Valuation

  • Market Total Value: $204,900
  • Market Land Value: $86,000
  • Market Improvement Value: $118,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,900
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $118,900

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017088344
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Contract Date: May 24, 2005
  • Previous Sale Amount: $259,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4652 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 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski
Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Laurie Kelly, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21722263
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 310 Hemlock Drive built and last sold?
The property at 310 Hemlock Drive was built in 1986 and last sold on Aug 18, 2017 for $232,500.
How much is this home worth?
The estimated value of the home located at 310 Hemlock Drive is $0.
What are some comparable homes to 310 Hemlock Drive?
There are currently no comparable homes to 310 Hemlock Drive.
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