$435,000
●
House -
Off Market
640 Fairview Lane
Forked River, NJ 08731
4 Beds
3 Baths
$715,999
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Tranquil river views from every window in this spacious modern home
in the Channels Point section of Lacey Township. This exceptional
house features a chef's kitchen with GE profile appliances, granite
countertop, wine refrigerator, five burner gas stove, gas
fireplace, 1st floor bedroom and full bath, loft area, master
suite, hard wood floors, upstairs balconies and much more.
Protected by a vinyl bulkhead and situated on a serene wide open
river lagoon that is literally a few minutes to the open bay. NO
SANDY DAMAGE BRAND NEW ELEVATION CERTIFICATE ATTACHED
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Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
2006
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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 #21718234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Keller Williams Preferred Properties,Bayville | $712,650 | |
| Listed by Keller Williams Preferred Properties,Bayville | |||
| | |||
|
This stylish & charming waterfront home is a result of talent, time and love of place. Offering panoramic views of the river & is perfect for swimming, kayaking, fishing & boating. Easy access to bay, Barnegat inlet, restaurants & beaches. Bright & open floor plan allows for easy entertaining & offers spectacular water views from every room. Updated gourmet kitchen features granite countertops & large island w/comfortable seating, Stainless appliances, wine refrigerator & wet bar area adding convenience for gatherings & backyard bbq's. Relax & unwind enjoying sunsets off the master bdrm balcony or soaking in the jacuzzi tub. 4 generous sized bdrms, 3 full baths, one located on first floor provides possibilities for main floor bdrm. Vinyl bulkhead, new deck boards, water & elect. at dock.
| |||
| Aug 16, 2017 | Sold | ||
| Sold | |||
| May 10, 2017 | Listed by Pacesetter Realty | $449,000 | |
| Listed by Pacesetter Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Forked River
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Listed by: Charmaine Selvanto, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21718234
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21718234
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