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Ocean 08731
566 Holmes Avenue
$220,000
● House - Off Market

566 Holmes Avenue

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,287 Ft²
$366,856
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Looking for a home that feels like home the second you walk in the door? This is it! The kitchen will be the place everyone will feel like gathering in. You can feel proud to entertain in it. Beautiful glass accent tile in kitchen & baths. Kitchen has gorgeous cabinets & corian counters.The pantry/laundry room provides plenty of storage space. All baths updated and tastefully done.  Main bath includes Whirlpool tub w/ separate walk in shower with rainhead in it. Hardwood flooring through out& even under carpet in bedrooms.The heated half garage has workbench for what ever projects you like to do on days off. Heated enclosed porch is a nice bonus. Fire pit area outside for those cool nights. This all sits on a 120X100 corner lot.
Unit Size
1,287 Ft²
Days on Market
59 days
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1971

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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 #21704756)

Price History

Date / Event Date Event Price
Apr 10, 2017 Sold
Premium
Sold
Feb 10, 2017 Listed by Weichert Realtors-Forked River $225,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,287
  • Building Area: 1,287
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,287
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 46,47,48,49,50

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732003

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 69
  • Account Number: 00099449
  • District: 13
  • Parcel: 13 01471-0000-00045
  • Block: 1471
  • Lot: 45
  • Municipality: LACEY TWP
  • Latitude: 39.8498
  • Longitude: -74.2049

    Address

  • Full Address: 566 Holmes Ave
  • Address - House Number: 566
  • Address - Street Name: Holmes
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R008
  • 4-Digit Zip Code: 2314
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $439,022

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 399,690
  • High Value: 489,535
  • Low Value: 309,846

    Market Valuation

  • Market Total Value: $198,700
  • Market Land Value: $76,500
  • Market Improvement Value: $122,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,700
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $122,200

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: Apr 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017041482
  • Previous Sale Recording Date: Jan 23, 2009
  • Previous Sale Contract Date: Jan 13, 2009
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: 51

    Financing

  • First Mortgage Financing Type: FIX
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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan
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: Christine Bender, Weichert Realtors-Forked River
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 21704756
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 566 Holmes Avenue built and last sold?
The property at 566 Holmes Avenue was built in 1971 and last sold on Mar 30, 2017 for $220,000.
How much is this home worth?
The estimated value of the home located at 566 Holmes Avenue is $0.
What are some comparable homes to 566 Holmes Avenue?
There are currently no comparable homes to 566 Holmes Avenue.
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