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Ocean 08731
318 Annapolis Lane
$144,000
● House - Off Market

318 Annapolis Lane

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
$299,830
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Spacious ranch with plenty of room for expansion for the growing family. 3 bedrooms, 2 full bath, eat in kitchen with formal living room & dining room, den leading out to deck.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1969

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21519799)

Price History

Date / Event Date Event Price
Nov 30, 2015 Sold
Premium
Sold
May 21, 2015 Listed by United Real Estate Associates $169,000
Listed by United Real Estate Associates
Nov 12, 2014 Listed by United Real Estate Associates $169,000
Listed by United Real Estate Associates
Spacious ranch with plenty of room for expansion for the growing family. 3 bedrooms, 2 full bath, eat in kitchen with formal living room & dining room, den leading out to deck.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,560
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 1,446
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000311
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 33
  • Account Number: 00038671
  • District: 13
  • Parcel: 13 00446-0000-00013
  • Block: 446
  • Lot: 13
  • Municipality: LACEY TWP
  • Latitude: 39.8506
  • Longitude: -74.1762

    Address

  • Full Address: 318 Annapolis Ln
  • Address - House Number: 318
  • Address - Street Name: Annapolis
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R007
  • 4-Digit Zip Code: 1732
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $404,172

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 354,764
  • High Value: 434,509
  • Low Value: 275,018

    Market Valuation

  • Market Total Value: $178,600
  • Market Land Value: $87,500
  • Market Improvement Value: $91,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,600
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $91,100

    Sales

  • Current Sale Contract Date: Dec 08, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020156027
  • Previous Sale Recording Date: Dec 02, 2015
  • Previous Sale Contract Date: Nov 30, 2015
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: 27
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

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.1 years

Currently For Sale

4374 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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan
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: Josephine Whitleigh, United Real Estate Associates
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21519799
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 318 Annapolis Lane built and last sold?
The property at 318 Annapolis Lane was built in 1969 and last sold on Dec 8, 2020 for $200,000.
How much is this home worth?
The estimated value of the home located at 318 Annapolis Lane is $0.
What are some comparable homes to 318 Annapolis Lane?
There are currently no comparable homes to 318 Annapolis Lane.
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