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Ocean 08758
406 6th Street
$155,000
● House - Off Market

406 6th Street

Waretown, NJ 08758
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,124 Ft²
$288,249
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Priced to sell! Why rent when you can own this lovely home with a stone wood burning fireplace in the large living room, a generous size kitchen with all appliances included, plus 2 bedrooms, 2 baths, a den that could be a 3rd bedroom & garage. This Pebble Beach ranch has brick and vinyl siding to help make it maintenance free. Enjoy the cool summer night breeze on the front porch or in the large private backyard. Make an appointment today!
Unit Size
1,124 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1972

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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: 2 years ago (MOMLS #21510496)

Price History

Date / Event Date Event Price
Oct 20, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by Diane Turton REALTORS $162,500
Listed by Diane Turton REALTORS
Priced to sell! Why rent when you can own this lovely home with a stone wood burning fireplace in the large living room, generous kitchen with all appliances included, plus 2 bedrooms, 2 baths, a den that could be the 3rd bedroom & garage. This Pebble Beach ranch has brick and vinyl siding to help make it maintenance free. Enjoy the cool summer night breeze on the front porch or in the large private fenced backyard. This home is close to shopping, schools, beaches, and the parkway. Make an appointment today!

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 2
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,041
  • Building Area: 1,041
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,041
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHWAY SEC/INDIANOLA
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 21
  • Parcel: 21 00267-0000-00004
  • Block: 267
  • Lot: 4
  • Municipality: OCEAN TWP
  • Latitude: 39.7736
  • Longitude: -74.2022

    Address

  • Full Address: 406 6th St
  • Address - House Number: 406
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2920
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353,113

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 333,709
  • High Value: 408,816
  • Low Value: 258,602

    Market Valuation

  • Market Total Value: $162,500
  • Market Land Value: $75,000
  • Market Improvement Value: $87,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,500
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $87,500

    Sales

  • Current Sale Contract Date: Oct 20, 2015
  • Current Sale Recording Date: Oct 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 108208
  • Previous Sale Recording Date: Jun 15, 2005
  • Previous Sale Contract Date: Jun 15, 2005
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 55
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

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4260 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 1 Memorial Drive, Waretown, NJ, 08758

$2,000 /mo

  • 2 Beds
  • 1 Bath
1 Memorial Drive #203, Waretown, NJ, 08758 Listing by Ellen Hall
Unit for rent at 290 N Main Street, Barnegat, NJ, 08005

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 5,276 ft²
290 N Main Street #12, Barnegat, NJ, 08005 Listing by Jayda Santiago

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia Eppolito, Diane Turton, Realtors-Lacey
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21510496
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 406 6th Street built and last sold?
The property at 406 6th Street was built in 1972 and last sold on Oct 20, 2015 for $155,000.
How much is this home worth?
The estimated value of the home located at 406 6th Street is $0.
What are some comparable homes to 406 6th Street?
There are currently no comparable homes to 406 6th Street.
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