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Pine Lake Park 08757
401 Cumberland Boulevard
$262,500
● House - Off Market

401 Cumberland Boulevard

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths
$478,759
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Mint condition,move in home.Updated kitchen with granite counter tops,tiled back splash,ceiling fan,tile floor and breakfast bar.Formal dining room with laminate wood flooring and crown molding.Large living room with newer carpet and crown molding.Main bath features jet tub,tiled floor,updated vanity & tile.Master bed room has two closets.Custom wood valance on windows and fireplace. Lower level features huge family with gas fireplace,and french doors that lead to tiled floor sun room. Over size laundry room with closet and front load washer & dryer.Nice size office/computer room could be used as a 4th bedroom.Heating & A/C new in 2011.Fully fenced in park like backyard,features large patio with motorized sunsetter awning& children play area.A must see home.
Unit Size
-
Days on Market
177 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1974

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: 7 months ago (MOMLS #21516192)

Price History

Date / Event Date Event Price
Oct 23, 2015 Sold
Premium
Sold
Apr 29, 2015 Listed by Crossroads Realty Manchester $269,900
Listed by Crossroads Realty Manchester

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,017
  • Building Area: 2,017
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,017
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 27-29

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720204

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • Account Number: 636
  • District: 19
  • Parcel: 19 00001- 82-00026
  • Block: 1.82
  • Lot: 26
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9996
  • Longitude: -74.2431

    Address

  • Full Address: 401 Cumberland Blvd
  • Address - House Number: 401
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R004
  • 4-Digit Zip Code: 3634
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,079

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 510,080
  • High Value: 610,648
  • Low Value: 409,512

    Market Valuation

  • Market Total Value: $250,600
  • Market Land Value: $80,000
  • Market Improvement Value: $170,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,600
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $170,600

    Sales

  • Current Sale Contract Date: Oct 22, 2015
  • Current Sale Recording Date: Oct 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015109332
  • Previous Sale Recording Date: Jan 17, 1974
  • Previous Sale Contract Date: Jan 17, 1974
  • Previous Sale Amount: $34,300
  • 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 Pine Lake Park

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1481 ft²

Average Home Age

37.1 years

Currently For Sale

33 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 195 Edgemere Court, Toms River, NJ, 08755

$3,450 /mo

  • 4 Beds
  • 3 Baths
  • 1,548 ft²
195 Edgemere Court, Toms River, NJ, 08755 Listing by Shanti Shankar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joan A Brush, Crossroads Realty Manchester
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 21516192
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 401 Cumberland Boulevard built and last sold?
The property at 401 Cumberland Boulevard was built in 1974 and last sold on Oct 22, 2015 for $262,500.
How much is this home worth?
The estimated value of the home located at 401 Cumberland Boulevard is $0.
What are some comparable homes to 401 Cumberland Boulevard?
There are currently no comparable homes to 401 Cumberland Boulevard.
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