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Ocean Acres 08050
41 Flipper Avenue
$134,000
● House - Off Market

41 Flipper Avenue

Manahawkin, NJ 08050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
813 Ft²
$302,660
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Younger ranch perfect for 1st time buyers on large lot. Get a great start! New front door, livingrm & master bedrm w/cathedral ceilings, upgraded raised panel doors, marble floor in bath, all appliances included. All neutral paint.Gas heat,CA,new furnace,vinyl sided,2 car wide driveway.Great sized 15 X 30 composite, no maintenance deck leads to fenced bkyd. Great easy location to all conveniences, shopping, beaches.
Unit Size
813 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1993

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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 #21046282)

Price History

Date / Event Date Event Price
Mar 23, 2012 Sold
Premium
Sold
Dec 20, 2010 Listed by Pacesetter Realty $134,900
Listed by Pacesetter Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 11,362
  • Lot Size Depth Feet: 995
  • Lot Size Frontage Feet: 1,142
  • Total Building Area: 813
  • Building Area: 813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 813
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735004

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 36
  • District: 31
  • Parcel: 31 00044- 115-00010
  • Block: 44.115
  • Lot: 10
  • Municipality: STAFFORD TWP
  • Latitude: 39.728
  • Longitude: -74.2893

    Address

  • Full Address: 41 Flipper Ave
  • Address - House Number: 41
  • Address - Street Name: Flipper
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C014
  • 4-Digit Zip Code: 1830
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $370,049

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 314,937
  • High Value: 385,490
  • Low Value: 244,384

    Market Valuation

  • Market Total Value: $157,200
  • Market Land Value: $65,500
  • Market Improvement Value: $91,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,200
  • Assessed Land Value: $65,500
  • Assessed Improvements Value: $91,700

    Sales

  • Current Sale Contract Date: Feb 28, 2012
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2012030790
  • Previous Sale Recording Date: Apr 26, 2006
  • Previous Sale Contract Date: Apr 18, 2006
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 12
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 Acres

Stats & Trends

Median Asking:

$547,000

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1640 ft²

Average Home Age

27.4 years

Currently For Sale

67 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: Linda Bertini, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21046282
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 41 Flipper Avenue built and last sold?
The property at 41 Flipper Avenue was built in 1993 and last sold on Feb 28, 2012 for $134,000.
How much is this home worth?
The estimated value of the home located at 41 Flipper Avenue is $0.
What are some comparable homes to 41 Flipper Avenue?
There are currently no comparable homes to 41 Flipper Avenue.
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