$24,000
●
Land -
Off Market
7 Savannah Drive
Barnegat, NJ 08005
Studio
0 Bath
$40,395
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Builders and want to be homeowners! Great opportunity to build your
home or investment. Desirable neighborhood with sidewalks, Belgian
block curbs, utilities (public water/sewer, natural gas) at the
street and parks and schools near by. Great location for commuters,
close access to Garden State Parkway. Build a home among other
newer beautiful homes. Pinelands credit required to build and
additional developer fee of approx. $51000+ for infrastructure will
be due to obtain building permit, Contact Barnegat Twp building
department for details
Unit Size
-
Days on Market
51 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$101
HOA Dues
-
Year Built
2018
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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 #21712486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2018 | Sold | ||
| Sold | |||
| Dec 11, 2017 | Listed by Keller Williams Shore Properties | $339,990 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
Perfect 1st Time Homebuyer Opportunity! Welcome to 7 Savannah Drive, the perfect blend of gracious living and design perfection! This is an extraordinary opportunity to own this state-of-the-art 4 Bedroom, 2.5 Bath New Construction home exquisitely situated in the desirable Ocean Acres community of Barnegat. This stunning home is relaxed with an open and airy floor plan, outstanding attention to detail and expert craftsmanship. The kitchen has a center island, granite countertops, a pantry and flows beautifully into the dining and family room for easy entertaining! 2nd level features spacious Master Bedroom Suite, large walk-in closet and en suite bath, and 3 other generous bedrooms as well as an additional full bath. Photos of like model.
| |||
| May 23, 2017 | Sold | ||
| Sold | |||
| Apr 1, 2017 | Listed by Weichert Realtors - Forked River | $25,000 | |
| Listed by Weichert Realtors - Forked River | |||
| | |||
|
Builders and want to be homeowners! Great opportunity to build your home or investment. Desirable neighborhood with sidewalks, Belgian block curbs, utilities (public water/sewer, natural gas) at the street and parks and schools near by. Great location for commuters. close access to GSP. Build a home among other newer beautiful homes. Pinelands credit required to build and additional developer fee of approx. $51000+ for infrastructure will be due to obtain building permit, Contact Barnegat Twp building department for details.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean Acres
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Listed by: Christine Bender, Weichert Realtors-Forked River
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 21712486
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: 5 months ago
Data Source: MOMMLS, MLS# 21712486
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