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Lakehurst 08733
409 Willow Street
$399,000
● House - Off Market

409 Willow Street

Lakehurst, NJ 08733
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,428 Ft²
$405,952
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Charming 4 Bedroom 2 1/2 Bath Cape with Full Basement and a HUGE 24x24 Detached Garage. The main living area has a nice open floor plan with large family room with wood flooring, Dining Room and Kitchen. Large master bedroom with full newer bath, Bedrooms upstairs have newer carpeting with newer full bath. Full Basement partially finished with 2 Bedrooms-has an egress window (1 has no closet), Laundry room and lots of storage. Oversized lot offers a beautiful 16x36 heated In-Ground Pool, newer vinyl liner, newer heater and pump. Amazing Detached 24x24 garage with an upstairs partially finished for additional space to make your own. Attached to the garage is an additional car port or extra storage. Paid solar panel on the roof for hot water heater, newer roof & so much more. Don't miss this
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$279
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1944

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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: 3 years ago (MOMLS #22301139)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Jan 13, 2023 Listed by Weichert Realtors-Freehold $399,000
Listed by Weichert Realtors-Freehold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 5
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 720
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lakehurst Borough School District
  • Census Tract: 721000

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 14
  • Parcel: 14 00040-0000-00011
  • Block: 40
  • Lot: 11
  • Municipality: LAKEHURST BORO
  • Latitude: 40.0173
  • Longitude: -74.3218

    Address

  • Full Address: 409 Willow St
  • Address - House Number: 409
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Lakehurst
  • Carrier Code: C001
  • 4-Digit Zip Code: 2529
  • Zip Code: 08733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649,624

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 402,740
  • High Value: 490,056
  • Low Value: 315,425

    Market Valuation

  • Market Total Value: $326,600
  • Market Land Value: $70,000
  • Market Improvement Value: $256,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,600
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $256,600

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29875
  • Previous Sale Recording Date: Sep 16, 1991
  • Previous Sale Contract Date: Sep 16, 1991
  • 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 Lakehurst

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1216 ft²

Average Home Age

68 years

Currently For Sale

7 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

Rentals Near You

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MOMMLS

Listed by: Eva Ling, Weichert Realtors-Freehold
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22301139
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 409 Willow Street built and last sold?
The property at 409 Willow Street was built in 1944 and last sold on Mar 2, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 409 Willow Street is $402,990.
What are some comparable homes to 409 Willow Street?
There are currently no comparable homes to 409 Willow Street.
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