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South Toms River 08757
40 Lakeview Drive
$165,000
● House - Off Market

40 Lakeview Drive

South Toms River, NJ 08757
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$321,827
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

READY FOR NEW OWNERS! THIS SPACIOUS FAMILY HOME ON A LARGE LOT HAS 4/5 BEDROOMS, EAT-IN-KITCHEN WITH ROOM TO ENTERTAIN, REPLACEMENT WINDOWS, UPDATED MAIN BATH AND OVERSIZED CLOSETS* EXTERIOR WITH VINYL SIDING, CARPORT, LARGE SHED, 18X17' DECK, GREAT CURB APPEAL* PERFECT FOR THE LARGE FAMILY OR THE BACK ADDITION COULD BE CONVERTED TO IN-LAW APARTMENT WITH PRIVATE ENTRANCE AND DRIVEWAY* AHS HOME WARRANTY INCLUDED* DON'T WAIT, THIS IS A WINNER! Room sizes and square footage approximate.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1970

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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 #21329788)

Price History

Date / Event Date Event Price
Nov 6, 2013 Sold
Premium
Sold
Aug 27, 2013 Listed by New Direction Realty $165,000
Listed by New Direction Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • 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: 10,980
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 724000

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 30
  • Parcel: 30 00008- 02-00015
  • Block: 8.02
  • Lot: 15
  • Municipality: SOUTH TOMS RIVER BORO
  • Latitude: 39.942
  • Longitude: -74.1967

    Address

  • Full Address: 40 Lakeview Dr
  • Address - House Number: 40
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C014
  • 4-Digit Zip Code: 5113
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $641,276

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 428,231
  • High Value: 524,004
  • Low Value: 332,458

    Market Valuation

  • Market Total Value: $207,600
  • Market Land Value: $62,500
  • Market Improvement Value: $145,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,600
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $145,100

    Sales

  • Current Sale Contract Date: Nov 06, 2013
  • Current Sale Recording Date: Nov 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013120897
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 South Toms River

Stats & Trends

Median Asking:

$417,500

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1007 ft²

Average Home Age

50.4 years

Currently For Sale

14 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

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MOMMLS

Listed by: Sandy G Greig, New Direction Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21329788
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 40 Lakeview Drive built and last sold?
The property at 40 Lakeview Drive was built in 1970 and last sold on Nov 6, 2013 for $165,000.
How much is this home worth?
The estimated value of the home located at 40 Lakeview Drive is $0.
What are some comparable homes to 40 Lakeview Drive?
There are currently no comparable homes to 40 Lakeview Drive.
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