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Toms River 08753
560 Bayview Drive
$545,000
● House - Off Market

560 Bayview Drive

Toms River, NJ 08753
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$664,566
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Waterfront Beauty! This Stunning Lagoon Front offers beautiful 3 Bedrooms, 2.5 bath home boasts an open floor plan with many amenities. Living Room with built ins & a gas fireplace, Dining Room with custom built-ins & window seat, Kitchen with corian countertops, hard wood flooring, built ins, stainless steel appliances & desk area. Sunken Family Room with beamed ceiling and sliders to decking with breathtaking views of the the lagoon. Upstairs boasts a master suite with balcony and gorgeous updated full bath. Great corner location with double bulkhead, Professionally landscaping with paver driveway and walkway. This home has it all! Newer furnace, A/C, Hot Water Heater,roof, garage door, skylites, siding & More! Come see this beautiful waterfront home today!!
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1985

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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 #22109554)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed by Weichert Realtors-Jackson $575,000
Listed by Weichert Realtors-Jackson
Nov 25, 2020 No longer available -
No longer available
Nov 8, 2020 Relisted $575,000
Relisted
Nov 6, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,222
  • Total Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722401

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 2402
  • District: 08
  • Parcel: 08 00235- 17-00082
  • Block: 235.17
  • Lot: 82
  • Municipality: DOVER TWP
  • Latitude: 40.0035
  • Longitude: -74.1111

    Address

  • Full Address: 560 Bayview Dr
  • Address - House Number: 560
  • Address - Street Name: Bayview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C010
  • 4-Digit Zip Code: 2073
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $850,513

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 693,091
  • High Value: 839,132
  • Low Value: 547,050

    Market Valuation

  • Market Total Value: $509,900
  • Market Land Value: $280,000
  • Market Improvement Value: $229,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,900
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $229,900

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021110063
  • Previous Sale Recording Date: Jul 12, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Amount: $372,500
  • 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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1708 ft²

Average Home Age

45.9 years

Currently For Sale

360 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 87 Captains Court, Brick, NJ, 08723

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
87 Captains Court, Brick, NJ, 08723 Listing by Gabriela Flanagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Eva Ling, Weichert Realtors-Jackson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22109554
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 560 Bayview Drive built and last sold?
The property at 560 Bayview Drive was built in 1985 and last sold on Jul 13, 2021 for $545,000.
How much is this home worth?
The estimated value of the home located at 560 Bayview Drive is $580,750.
What are some comparable homes to 560 Bayview Drive?
There are currently no comparable homes to 560 Bayview Drive.
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