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Toms River 08753
64 Larch Drive
$299,900
● House - Off Market

64 Larch Drive

Toms River, NJ 08753
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,228 Ft²
$356,713
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

This charming ranch located in the desirable area of Silverton features 3 bedrooms/2 bathrooms, a three seasons room for entertaining and a spacious yard front and back. Also features a huge deck off of the back of the home plus attached bonus room. This home also features generator and HVAC.
Unit Size
1,228 Ft²
Days on Market
-
Land Size
-
Price per sqft
$244
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1966

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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 #22108094)

Price History

Date / Event Date Event Price
May 7, 2021 Sold
Premium
Sold
Mar 18, 2021 Listed by EXP Realty $299,900
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,455
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 08
  • Parcel: 08 00233- 17-00154
  • Block: 233.17
  • Lot: 154
  • Municipality: DOVER TWP
  • Latitude: 40.0115
  • Longitude: -74.1452

    Address

  • Full Address: 64 Larch Dr
  • Address - House Number: 64
  • Address - Street Name: Larch
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C087
  • 4-Digit Zip Code: 1722
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,835

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 399,503
  • High Value: 489,671
  • Low Value: 309,335

    Market Valuation

  • Market Total Value: $251,700
  • Market Land Value: $98,000
  • Market Improvement Value: $153,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,700
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $153,700

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021071710
  • Previous Sale Recording Date: Jan 14, 2003
  • Previous Sale Contract Date: Nov 26, 2002
  • Previous Sale Amount: $179,900
  • 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:

$519,000

Sale Price/ft²

$302

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1856 ft²

Average Home Age

45 years

Currently For Sale

581 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 173 Stowe Street, Toms River, NJ, 08753

$3,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,808 ft²
173 Stowe Street, Toms River, NJ, 08753 Listing by Julie L Choy
Unit for rent at 1821 Capstan Drive, Toms River, NJ, 08753

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
1821 Capstan Drive, Toms River, NJ, 08753 Listing by Vincent Prestinari

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dennis Carcel, EXP Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22108094
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 64 Larch Drive built and last sold?
The property at 64 Larch Drive was built in 1966 and last sold on Apr 21, 2021 for $299,900.
How much is this home worth?
The estimated value of the home located at 64 Larch Drive is $0.
What are some comparable homes to 64 Larch Drive?
There are currently no comparable homes to 64 Larch Drive.
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