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Forked River 08731
414 Whyatt Court
$435,000
● House - Off Market

414 Whyatt Court

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$426,597
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to this recently updated waterfront ranch in Lacey Township w/ 60 feet of waterfrontage. With 2 bedrooms, 1 bathroom and hardwood floors, this charming home offers a stylish living space. The sunroom is a highlight of this waterfront oasis, providing an abundance of natural light and picturesque views of the water. This versatile space can be used as a relaxing retreat, a home office, or even a hobby room. Conveniently located within proximity to shopping centers, restaurants, and schools, this waterfront property provides a perfect balance between tranquility and convenience. Perfect for year-round living or a peaceful getaway. Call today!
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$416
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1956

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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 #22314922)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 14, 2023 In contract -
In contract
Jun 2, 2023 Listed by RE/MAX New Beginnings Realty-Toms River $429,000
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732104

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 5
  • Account Number: 00008171
  • District: 13
  • Parcel: 13 00127-0000-00022
  • Block: 127
  • Lot: 22
  • Municipality: LACEY TWP
  • Latitude: 39.8253
  • Longitude: -74.1936

    Address

  • Full Address: 414 Whyatt Ct
  • Address - House Number: 414
  • Address - Street Name: Whyatt
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R010
  • 4-Digit Zip Code: 4943
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,854

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 422,621
  • High Value: 513,967
  • Low Value: 331,274

    Market Valuation

  • Market Total Value: $225,300
  • Market Land Value: $148,000
  • Market Improvement Value: $77,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $148,000
  • Assessed Improvements Value: $77,300

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 68869
  • Previous Sale Recording Date: Jun 26, 2000
  • Previous Sale Contract Date: Jun 16, 2000
  • Previous Sale Amount: $130,000
  • 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 Forked River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1666 ft²

Average Home Age

44.3 years

Currently For Sale

48 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 115 Parker Avenue, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 680 ft²
115 Parker Avenue, Forked River, NJ, 08731 Listing by Candace Golembeski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patrick Meehan, RE/MAX New Beginnings Realty-Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22314922
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 414 Whyatt Court built and last sold?
The property at 414 Whyatt Court was built in 1956 and last sold on Aug 17, 2023 for $435,000.
How much is this home worth?
The estimated value of the home located at 414 Whyatt Court is $0.
What are some comparable homes to 414 Whyatt Court?
There are currently no comparable homes to 414 Whyatt Court.
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