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Ocean Acres 08050
561 Nautilus Drive
$65,000
● Land - Off Market

561 Nautilus Drive

Manahawkin, NJ 08050
bedrooms
Studio
bathrooms
0 Bath
$105,740
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Building lot in Ocean Acres. City water/sewer; gas and electric in street. Near Parkway, Hospital, Shopping. Perfect location for your perfect home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$121
HOA Dues
-
Year Built
-

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: 3 years ago (MOMLS #21801055)

Price History

Date / Event Date Event Price
Aug 7, 2018 Sold
Premium
Sold
Jan 11, 2018 Listed by Mary Allen Realty, Inc. $69,900
Listed by Mary Allen Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 2
  • 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
  • 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: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN ACRES
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: DEED RESTRICTION

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735001

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 31
  • Parcel: 31 00044- 205-00002
  • Block: 44.205
  • Lot: 2
  • Municipality: STAFFORD TWP
  • Latitude: 39.7458
  • Longitude: -74.2813

    Address

  • Full Address: 561 Nautilus Dr
  • Address - House Number: 561
  • Address - Street Name: Nautilus
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C010
  • 4-Digit Zip Code: 1425
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,640

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 327,713
  • High Value: 401,128
  • Low Value: 254,298

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $55,400
  • Market Improvement Value: $104,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $104,600

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020000680
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • 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 Acres

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1602 ft²

Average Home Age

25.7 years

Currently For Sale

60 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 770 Lighthouse Drive, Barnegat, NJ, 08005

$1,795 /mo

  • 1 Bed
  • 1 Bath
770 Lighthouse Drive #E, Barnegat, NJ, 08005 Listing by Joy Bearden

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Thomas J Smith, Mary Allen Realty, Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21801055
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 561 Nautilus Drive built and last sold?
The property at 561 Nautilus Drive was built in and last sold on Dec 6, 2019 for $160,000.
How much is this home worth?
The estimated value of the home located at 561 Nautilus Drive is $0.
What are some comparable homes to 561 Nautilus Drive?
There are currently no comparable homes to 561 Nautilus Drive.
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