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Toms River 08753
711 Bermuda Drive
$360,000
● House - Off Market

711 Bermuda Drive

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
2 Baths
$581,359
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Lagoon-front corner lot home with lots of space for enjoying the views and tranquility both outside and in. Two levels of decks and generous kitchen/dining space and cozy fireplace in living room. Four bedrooms and two large bathrooms along with additional spacious breakfast nook are nestled in this peaceful and picturesque community. Newer central air conditioner. No Sandy damage in home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1969

Payment Calculator

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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: 2 years ago (MOMLS #21941970)

Price History

Date / Event Date Event Price
Jan 10, 2020 Sold
Premium
Sold
Oct 15, 2019 Listed by Villano Realtors $399,000
Listed by Villano Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 8,276
  • Total Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723400

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 90
  • District: 08
  • Parcel: 08 01500- 13-00023
  • Block: 1500.13
  • Lot: 23
  • Municipality: DOVER TWP
  • Latitude: 39.9637
  • Longitude: -74.124

    Address

  • Full Address: 711 Bermuda Dr
  • Address - House Number: 711
  • Address - Street Name: Bermuda
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C023
  • 4-Digit Zip Code: 4710
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,256

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 597,454
  • High Value: 723,788
  • Low Value: 471,120

    Market Valuation

  • Market Total Value: $466,900
  • Market Land Value: $275,000
  • Market Improvement Value: $191,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,900
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $191,900

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020006980
  • Previous Sale Recording Date: Nov 23, 1994
  • Previous Sale Contract Date: Nov 15, 1994
  • Previous Sale Amount: $183,000
  • 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:

$519,900

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1822 ft²

Average Home Age

45.2 years

Currently For Sale

598 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 774 Nassau Drive, Toms River, NJ, 08753

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,284 ft²
774 Nassau Drive, Toms River, NJ, 08753 Listing by Jodi Leigh Harris

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Norma DeNoia, Villano Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21941970
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 711 Bermuda Drive built and last sold?
The property at 711 Bermuda Drive was built in 1969 and last sold on Jan 10, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 711 Bermuda Drive is $0.
What are some comparable homes to 711 Bermuda Drive?
There are currently no comparable homes to 711 Bermuda Drive.
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