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Ocean 08759
48 Chelsea Drive
$55,000
● House - Off Market

48 Chelsea Drive

Whiting, NJ 08759
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,148 Ft²
$128,197
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Clean as a whistle Bedford model with 2 bedrooms and 1.5 baths!!! This house boasts a kitchen with a skylight and additional cabinets (unlike any other Bedford!), a den with built-ins, new attic fan, replacement windows throughout, updated thermostats, Central Air, newer wasker and dryer, direct entry Garage PLUS a 3-Season Room surrounded by nature! And if that weren't enough, there is a Home Protection Plan included too!!! Don't miss this one...
Unit Size
1,148 Ft²
Days on Market
117 days
Land Size
-
Price per sqft
$52
Property Type
House
Property Taxes
$162
HOA Dues
$118
Year Built
1978

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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: 7 months ago (MOMLS #21231792)

Price History

Date / Event Date Event Price
Jan 4, 2013 Sold
Premium
Sold
Sep 8, 2012 Listed by Weichert Realtors-Toms River $59,900
Listed by Weichert Realtors-Toms River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,148
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720001

Zoning

  • Zoning: WTRC

Geography

  • Assessors Map Reference: TAX MAP 2504
  • Account Number: 7741
  • District: 19
  • Parcel: 19 00102- 12-00019
  • Block: 102.12
  • Lot: 19
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9457
  • Longitude: -74.3766

    Address

  • Full Address: 48 Chelsea Dr
  • Address - House Number: 48
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C019
  • 4-Digit Zip Code: 2326
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $194,034

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 181,512
  • High Value: 222,025
  • Low Value: 140,998

    Market Valuation

  • Market Total Value: $87,600
  • Market Land Value: $9,400
  • Market Improvement Value: $78,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,600
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $78,200

    Sales

  • Current Sale Contract Date: Jan 04, 2013
  • Current Sale Recording Date: Feb 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013012033
  • Previous Sale Recording Date: Apr 12, 2000
  • Previous Sale Contract Date: Apr 10, 2000
  • Previous Sale Amount: $65,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$305

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1598 ft²

Average Home Age

38.1 years

Currently For Sale

2976 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 15b Spring Street, Whiting, NJ, 08759

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,392 ft²
15b Spring Street, Whiting, NJ, 08759 Listing by Beth M Huntley

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Virginia Hoyt, Weichert Realtors-Toms River
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 21231792
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 48 Chelsea Drive built and last sold?
The property at 48 Chelsea Drive was built in 1978 and last sold on Jan 4, 2013 for $55,000.
How much is this home worth?
The estimated value of the home located at 48 Chelsea Drive is $73,103.
What are some comparable homes to 48 Chelsea Drive?
There are currently no comparable homes to 48 Chelsea Drive.
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