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Ocean
68 Ivins Drive
$439,000
● House - Off Market

68 Ivins Drive

New Egypt, NJ 08533
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$852,785
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Unique 1986 Yankee Barn Post & Beam House 1,824 SqFt. on 4.97 Acres. 3 Bedrooms, 2 baths, rec room, office, large open space living room with Entertainment center, dining room, & kitchen, loft, full basement,& wrap around deck. 2 stall barn with tack/feed room, 4 fenced-in paddocks,other extras.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
4.97 acres
Price per sqft
$263
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21440181)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Oct 7, 2014 Listed by Mulcahy Holmes Agency $479,000
Listed by Mulcahy Holmes Agency
Unique 1986 Yankee Barn Post & Beam House 1,824 sqft on 4.97 acres. 3 bedrooms, 2 bath, rec room, office, large open space living room with entertainment center, dining room, kitchen, loft, full basement & wrap around deck. 2 stall barn with tack/feed room, 4 fenced-in paddocks, other extras.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 216,537
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004971
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Plumsted Township School District
  • Census Tract: 718000

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 24
  • Parcel: 24 00055-0000-00083- 02
  • Block: 55
  • Lot: 83.02
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0996
  • Longitude: -74.4657

    Address

  • Full Address: 68 Ivins Dr
  • Address - House Number: 68
  • Address - Street Name: Ivins
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: R002
  • 4-Digit Zip Code: 2807
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,006,896

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 708,522
  • High Value: 844,404
  • Low Value: 572,641

    Market Valuation

  • Market Total Value: $363,500
  • Market Land Value: $153,900
  • Market Improvement Value: $209,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,500
  • Assessed Land Value: $153,900
  • Assessed Improvements Value: $209,600

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Aug 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015085834
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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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

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MOMMLS

Listed by: Carol-Ann A Conner, Mulcahy-Holmes Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21440181
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 68 Ivins Drive built and last sold?
The property at 68 Ivins Drive was built in 1985 and last sold on Jun 30, 2015 for $439,000.
How much is this home worth?
The estimated value of the home located at 68 Ivins Drive is $489,162.
What are some comparable homes to 68 Ivins Drive?
There are currently no comparable homes to 68 Ivins Drive.
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