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Ocean
502 Buttonwood Drive
$321,750
● House - Off Market

502 Buttonwood Drive

Lanoka Harbor, NJ 08734
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$327,285
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

COME HOME TO PEACE AND QUIET. Freshly painted and ready for quick closing. Great Bayberry Village location with nice size bedrooms, den/family room and lots of closets.

Hardwood floors throughout most of the home.

Newer roof. Fenced yard and easy access to shopping, parkway, schools and restaurants.

Come take a look today!
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$224
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1972

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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: 3 years ago (MOMLS #22211543)

Price History

Date / Event Date Event Price
Jul 20, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by Coldwell Banker Riviera Realty, Inc. $319,900
Listed by Coldwell Banker Riviera Realty, Inc.
COME HOME TO PEACE AND QUIET: Freshly painted and ready for quick closing. Great Bayberry Village location with nice size bedrooms, den/family room and lots of closets. Hardwood floors throughout most of the home. Newer roof. Fenced yard and easy access to shopping, parkway, schools and restaurants. Come take a look today!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R80

Geography

  • Assessors Map Reference: TAX MAP 38.1
  • Account Number: 00045068
  • District: 13
  • Parcel: 13 00636-0000-00010
  • Block: 636
  • Lot: 10
  • Municipality: LACEY TWP
  • Latitude: 39.8552
  • Longitude: -74.1729

    Address

  • Full Address: 502 Buttonwood Dr
  • Address - House Number: 502
  • Address - Street Name: Buttonwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R004
  • 4-Digit Zip Code: 2810
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,646

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 392,693
  • High Value: 477,717
  • Low Value: 307,670

    Market Valuation

  • Market Total Value: $209,300
  • Market Land Value: $100,000
  • Market Improvement Value: $109,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,300
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $109,300

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 12038
  • Previous Sale Recording Date: Jul 25, 2022
  • Previous Sale Contract Date: Jul 20, 2022
  • Previous Sale Amount: $321,750
  • 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

0.16%

Average Days on Market

73

Average Home Size

1577 ft²

Average Home Age

32.5 years

Currently For Sale

3059 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 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski
Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey F Connell, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22211543
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 502 Buttonwood Drive built and last sold?
The property at 502 Buttonwood Drive was built in 1972 and last sold on Jan 30, 2024 for $375,000.
How much is this home worth?
The estimated value of the home located at 502 Buttonwood Drive is $383,190.
What are some comparable homes to 502 Buttonwood Drive?
There are currently no comparable homes to 502 Buttonwood Drive.
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