$710,000
●
House -
Off Market
727 Fairview Lane
Forked River, NJ 08731
4 Beds
3 Baths,
1
Half Bath
2,900 Ft²
$868,173
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Channel's Point at it's finest. Well cared for Colonial, only
minutes to the bay. Newer flooring, and 1/2 bath. Updated kitchen
with pull out drawers, stainless steel appliances, glass accents,
granite counters and under cabinet lighting. Two gas fireplaces,
multi-tiered decking, and vinyl bulkhead. All comfortably sized
rooms. Master bdrm suite with it's own private deck, full bath with
separate shower and jetted tub. Come take a look at this well
appointed home located in one of Forked River's finest waterfront
communities.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$252
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1986
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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 #22107021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by RE/MAX at Barnegat Bay | $729,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Apr 11, 2020 | No longer available | - | |
| No longer available | |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
| Oct 24, 2019 | Listed | $669,900 | |
| Listed | |||
| | |||
|
Immaculate Waterfront 4 bdrm, 2.5 bath home priced to sell. Calling all boaters, fisherman & jet skiers. Easy access to bay & Barnegat inlet. Features newer vinyl bulkhead & water views from every room. Located on Lagoon in Forked River New Jersey's finest neighborhood Channels Point. Be sure to soak up the sun while lounging on the two tier rear deck or relaxing in the hot tub. Spacious backyard for entertaining w/75ft. of bulkhead, water & electric at the dock. Enjoy cooking Sunday dinners in the tastefully upgraded gourmet kitchen w/ stainless appliances, granite & more. Large master bdrm & bath w/water views, vaulted ceilings & walk-in closet. Home features two fireplaces, newer flooring, generous room sizes, newer HVAC, siding, windows and roof. Truly a must see! The manager has listed the unit size as 2900 square feet.
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Property Highlights
Garage
Parking Available
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: Nicole Sabarese, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22107021
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# 22107021
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