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Toms River 08753
43 Bay Point Drive
$450,000
● Land - Off Market

43 Bay Point Drive

Toms River, NJ 08753
bedrooms
Studio
bathrooms
0 Bath
$791,923
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

A rare opportunity to own such a fantastic piece of property. 167 feet on the open water. Beautiful panoramic views on this bayfront lot with vinyl bulkhead. Walk through the arch which the Chinese call ''the gate of happiness'' to your private dock. It is located at the very end of Bay Point Dr. in the cul de sac. Perfect location to build your dream home and enjoy all that the Barnegat Bay has to offer!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$561
HOA Dues
-
Year Built
-

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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 #21737306)

Price History

Date / Event Date Event Price
Dec 29, 2017 Sold
Premium
Sold
Sep 25, 2017 Listed by Crossroads Realty Executive Office $499,900
Listed by Crossroads Realty Executive Office

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 10,716
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000246
  • Standard Land Use Code: 8000
  • County Land Use Code: 1

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722402

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 08
  • Parcel: 08 00297- 02-00058
  • Block: 297.02
  • Lot: 58
  • Municipality: DOVER TWP
  • Latitude: 40.0033
  • Longitude: -74.1161

    Address

  • Full Address: 43 Bay Point Dr
  • Address - House Number: 43
  • Address - Street Name: Bay Point
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C020
  • 4-Digit Zip Code: 2405
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $583,800
  • Initial Tax Delinquent Year: 2018

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,000
  • Assessed Land Value: $350,000

    Sales

  • Current Sale Contract Date: Dec 27, 2017
  • Current Sale Recording Date: Jan 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018002132
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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1721 ft²

Average Home Age

45.9 years

Currently For Sale

363 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

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MOMMLS

Listed by: Lisa Lombardi-Bergstrom, Crossroads Realty Executive Office
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21737306
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 43 Bay Point Drive built and last sold?
The property at 43 Bay Point Drive was built in and last sold on Dec 27, 2017 for $450,000.
How much is this home worth?
The estimated value of the home located at 43 Bay Point Drive is $0.
What are some comparable homes to 43 Bay Point Drive?
There are currently no comparable homes to 43 Bay Point Drive.
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