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Ocean 08759
5 Longwood Drive
$175,000
● House - Off Market

5 Longwood Drive

Whiting, NJ 08759
bedrooms
2 Beds
bathrooms
1 Bath
square feet
966 Ft²
$184,053
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Andover model in a 55+ Community that offers a *Newer* Hot Water Heater & Washer....Updated Walk-In Shower, Vanity, Ceramic Tile Floor in the Bathroom, Kitchen Cabinets, Countertops & Vinyl Windows....Plus a 9 x 18 Backyard Patio.
Unit Size
966 Ft²
Days on Market
68 days
Land Size
-
Price per sqft
$186
Property Type
House
Property Taxes
$159
HOA Dues
$128
Year Built
1982

Payment Calculator

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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: 5 months ago (MOMLS #22214667)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
May 15, 2022 Listed by Buonomo Realty, LLC $179,900
Listed by Buonomo Realty, LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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: 5,940
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 660
  • Total Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 966
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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 2506
  • Account Number: 8272
  • District: 19
  • Parcel: 19 00102- 28-00001
  • Block: 102.28
  • Lot: 1
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9438
  • Longitude: -74.3817

    Address

  • Full Address: 5 Longwood Dr
  • Address - House Number: 5
  • Address - Street Name: Longwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C019
  • 4-Digit Zip Code: 2218
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $144,477

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 187,037
  • High Value: 228,784
  • Low Value: 145,291

    Market Valuation

  • Market Total Value: $87,800
  • Market Land Value: $10,700
  • Market Improvement Value: $77,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,800
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $77,100

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 83159
  • Previous Sale Recording Date: Sep 12, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • Previous Sale Amount: $73,500
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29 years

Currently For Sale

4344 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 19b Spring Street, Whiting, NJ, 08759

$1,690 /mo

  • 1 Bed
  • 1 Bath
  • 710 ft²
19b Spring Street #50, Whiting, NJ, 08759 Listing by Lori A Woytanowski
Unit for rent at 19c Spring Street, Whiting, NJ, 08759

$1,690 /mo

  • 1 Bed
  • 1 Bath
19c Spring Street, Whiting, NJ, 08759 Listing by Lori A Woytanowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Richard S Buonomo, Buonomo Realty, LLC
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22214667
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 5 Longwood Drive built and last sold?
The property at 5 Longwood Drive was built in 1982 and last sold on Jul 18, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 5 Longwood Drive is $0.
What are some comparable homes to 5 Longwood Drive?
There are currently no comparable homes to 5 Longwood Drive.
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