$385,000
●
House -
Off Market
715 Beach Boulevard
Forked River, NJ 08731
3 Beds
1 Bath
$2,119
Est. Monthly
8.39%
Cap Rate
About This Property
Beautifully renovated Ranch with water views and NOT IN A FLOOD
ZONE !! This 3 bedroom 1 bath home offers Laminate flooring
throughout, Updated Kitchen with quartz countertops and full
stainless steel appliance package, All new HVAC in 2024 home was
converted to Gas Heat and Central Air. Updated bath with Shiplap,
All new interior doors and trim, New Pella slider out to your Large
Deck with water views and Fenced Yard with a large shed.
Maintenance free vinyl siding and roof is only 6 years old. Home is
located across from the Lacey Elks, where you can dock your boat at
their marina or use the boat launch. Close to Clune Park and a bike
ride to the Bay Front Park. Conveniently located close to
Restaurants and shopping! Home fronts Chesapeake Dr.!
Unit Size
-
Days on Market
62 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1992
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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: 2 years ago (MOMLS #22403750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by RE/MAX at Barnegat Bay - Forked River | $375,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
Beautifully renovated Ranch with water views and NOT IN A FLOOD ZONE !! This 3 bedroom 1 bath home offers Laminate flooring throughout, Updated Kitchen with quartz countertops and full stainless steel appliance package, All new HVAC in 2024 home was converted to Gas Heat and Central Air. Updated bath with Shiplap, All new interior doors and trim, New Pella slider out to your Large Deck with water views and Fenced Yard with a large shed. Maintenance free vinyl siding and roof is only 6 years old. Home is located across from the Lacey Elks, where you can dock your boat at their marina or use the boat launch. Close to Clune Park and a bike ride to the Bay Front Park. Conveniently located close to Restaurants and shopping! Nothing to do but move in! Home has a Beach Blvd address but fronts Chesapeake Dr.
| |||
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | In contract | - | |
| In contract | |||
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About Forked River
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Listed by: Judy A Smith, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22403750
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: 2 years ago
Data Source: MOMMLS, MLS# 22403750
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