$995,000
●
House -
Off Market
716 Fairview Lane
Forked River, NJ 08731
3 Beds
3 Baths,
1
Half Bath
3,027 Ft²
$6,159
Est. Monthly
2.04%
Cap Rate
About This Property
Stunning riverfront views! 3 large Brs & sitting room with
hardwood floors, 2 car garage with high exterior doors, custom 2x6
built which is located right on the Forked River with
unobstructed/open waterviews! Entire back of home is filled
with windows for views. Open floor plan has cathedral
ceilings, 2 story foyer, 2 story LR has gas fireplace,
specialty windows & crown moldings. Eat-in Kitchen has
granite counters w/breakfast bar, includes breakfast nook.
2nd floor Master BR suite has cathedral ceiling w/sitting
room that leads to upper deck and master bath includes steam shower
and double sinks. Additional BR has vaulted ceiling w/slider
that leads to additional back deck & box-bay window. 75feet on the
water, vinyl bulkhead, water & electric at dock, salt water
inground pool.
Unit Size
3,027 Ft²
Days on Market
-
Land Size
-
Price per sqft
$330
Property Type
House
Property Taxes
$1,253
HOA Dues
-
Year Built
1998
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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 #22435693)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Dec 24, 2024 | Listed by RE/MAX First Realty | $999,000 | |
| Listed by RE/MAX First Realty | |||
| Sep 25, 2015 | Sold | ||
| Sold | |||
| Jul 7, 2015 | Listed by Diane Turton REALTORS | $698,000 | |
| Listed by Diane Turton REALTORS | |||
| | |||
|
This 3 BR, 2-1/2 Bath, 2-car gar custom 2x6 construction waterfront home is located right on the Forked River with unobstructed/open waterviews! Entire back of this home is filled with windows & overlooks the river. Open floor plan has cathedrals, 2-story foyer, 2-story Living rm has gas fireplace, specialty windows & crown moldings. Eat-in Kit. has granite counters w/breakfast bar, includes breakfast nook w/skylights. 2nd floor Master BR suite has cathedral ceiling w/sitting room that leads to upper deck, master bath includes steam shower and double sinks. Additional BR has vaulted ceiling w/slider that leads to additional back deck & box-bay window. 75 ft on the water, vinyl bulkhead with lower dock. Heated-salt water in-ground pool, surrounded by trex decking & fully landscaped & completely fenced backyard. Special features: 2x6 construction, 5-zone HWBB gas heat includes radiant heat on the 1st floor, 2-zone central air, Hardwood floors, speaker system throughout, 2 gas fireplaces,,Motorized Foyer chandelier lift system, multiple decks & 2 flr laundry room
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Forked River
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Listed by: Tina Pilot, RE/MAX First Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22435693
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# 22435693
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