$327,515
●
House -
Off Market
311 Richard Road
Forked River, NJ 08731
3 Beds
2 Baths,
1
Half Bath
1,518 Ft²
$470,482
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
What a Waterfront find with 160 feet of bulkheaded property, plenty
of room for your boat and great access out the Forked River to
Barnegat bay! This ranch has living room with gas fireplace, dining
room, very large it in kitchen with endless water views. Adjacent
enclosed porch with pull down stairs to cedar room with lots of
closets, skylights perfect for a man cave, hobby / craft room or
just plain storage. The bedroom wing has 3 bedrooms freshly
carpeted, 1.5 baths, featured are a jetted tub, separate shower,
heat lamps. You'll find water view from almost every window. I car
attached garage, crawl space, gas heat, central air what more could
you ask for in such a nice clean package. Only one like this so
don't wait to call !!!
Unit Size
1,518 Ft²
Days on Market
-
Land Size
-
Price per sqft
$204
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1966
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Cap Rate Calculator
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Operating Profit Per Year
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 #21835625)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2018 | Sold | ||
| Sold | |||
| Sep 8, 2018 | Listed by RE/MAX at Barnegat Bay - Forked River | $310,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
What a Waterfront find with 160 feet of bulkheaded property, plenty of room for your boat and great access out the Forked River to Barnegat bay! This ranch has living room with gas fireplace, dining room, very large it in kitchen with endless water views, sky lights, pantry. Adjacent enclosed porch with pull down stairs to cedar room with lots of closets, skylights perfect for a man cave, hobby / craft room or just plain storage. The bedroom wing has 3 bedrooms freshly carpeted, 1.5 baths, featured are a jetted tub, separate shower, heat lamps. You'll find water view from almost every window. I car attached garage, crawl space, gas heat, central air what more could you ask for in such a nice clean package. Only one like this so don't wait to call !!!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Forked River
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Listed by: David Spade, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21835625
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21835625
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