$634,000
●
House -
Off Market
446 Penn Avenue N
Forked River, NJ 08731
4 Beds
3 Baths
3,100 Ft²
$658,054
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This custom, top notch quality ranch with loft is sure to please
and sits on close to 1 acre of a resort style property with all of
the beauty & privacy everyone dreams of. Features newly
rebuilt inground pool, basketball court, natural gas grill hook up
& a 12 x 20 shed with upstairs storage. Inside you will fall in
love with the open floor plan, huge updated kitchen, vaulted
ceilings, tray ceiling, beautiful exposed beams, tons of windows &
natural light. The versatile layout allows for easy mother/daughter
set up with complete privacy and access or perfect for a private
office and media/family room. All 3 bathrooms have been
beautifully updated. Multi zone heat & air, new tankless water
heater & 3 storage attics. This home is meticulous inside and
out!!
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$185
Property Type
House
Property Taxes
$764
HOA Dues
-
Year Built
1984
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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 #22121937)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by Weichert Realtors-Forked River | $699,000 | |
| Listed by Weichert Realtors-Forked River | |||
| | |||
|
Welcome to Cranberry Hill! This custom 4 bed, 3 bath oversized contemporary ranch will be sure to impress. An open floor plan, newer kitchen, exposed beams, fresh paint, and a loft are just a few of the features worth mentioning! There is new vinyl flooring and carpet throughout, as well as a brand new closet organizer in the master. Outside you will find a fully fenced in backyard with a (large) storage shed, an in-ground pool (newer liner and concrete) and an RV hookup sitting on almost an acre. Did we mention the basketball court? Perfect space for an in-law suite or awesome game room! There is an attached 1.5 car garage and 3 storage attics. Don't miss your opportunity to see this beautifully kept home!
| |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by RE/MAX New Beginnings Realty-Toms River | $575,000 | |
| Listed by RE/MAX New Beginnings Realty-Toms River | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Sandra A Bator, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22121937
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.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22121937
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