$194,000
●
House -
Off Market
38 Saltspray Drive
Forked River, NJ 08731
2 Beds
1 Bath
868 Ft²
$312,751
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
MOVE IN READY! - First time buyer? Want a home that is turn key?
This meticulously maintained home should be on your list to
see...right away. Pride in ownership shows inside and out.
Nestled on a fenced 75x100 lot in the Forked River Point
neighborhood, the home boasts a new kitchen, updated bathroom, gas
heat, central air, garage, and more. Spacious backyard deck
for entertaining and a large run-in shed for all your storage
needs. It is also located in the USDA 100% financing approved
area! Why rent when you can buy. You'll love it at
first sight.
Unit Size
868 Ft²
Days on Market
-
Land Size
-
Price per sqft
$230
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1975
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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 #21728623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $209,900 | |
| Listed | |||
| | |||
|
MOVE IN READY! - First time buyer? Want a home that is turn key? This meticulously maintained home should be on your list to see...right away. Pride in ownership shows inside and out. Nestled on a fenced 75x100 lot in the Forked River Point neighborhood, the home boasts a new kitchen, updated bathroom, gas heat, central air, garage, and more. Spacious backyard deck for entertaining and a large run-in shed for all your storage needs. It is also located in the USDA 100% financing approved area! Why rent when you can buy. You'll love it at first sight. The manager has listed the unit size as 868 square feet.
| |||
| Oct 21, 2013 | Sold | ||
| Sold | |||
| Aug 14, 2013 | Listed by Silver Ridge Realty, LLP | $193,700 | |
| Listed by Silver Ridge Realty, LLP | |||
| | |||
|
Move-in ready starter or retirement home! Charming and meticulously-kept ranch with upgrades including gas heat, central air, roof, vinyl siding, thermal windows, heated garage, 12x16 deck overlooking patio & fenced yard with vinyl shed.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
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: Gregory R Broome, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21728623
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# 21728623
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