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Toms River 08753
734 Bermuda Drive
$320,000
● House - Off Market

734 Bermuda Drive

Toms River, NJ 08753
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,566 Ft²
$770,718
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

New Price! Desirable Shelter Cove Section of Toms River. This waterfront ranch is on a wide lagoon and only minutes to the open bay. Located near a private bay beach, marina and playground. 3 Bedrooms, 2 Baths, newer windows, newer carpet,newer AC, large sunroom and brand new above ground oil tank. The wood deck and private backyard setting make this home great for entertaining. Large shed is included for your storage. This can be your Ideal vacation home or primary residence.
Unit Size
1,566 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MOMLS #21125956)

Price History

Date / Event Date Event Price
Jul 25, 2012 Sold
Premium
Sold
Jul 5, 2011 Listed by Rhine & Associates Inc. $359,000
Listed by Rhine & Associates Inc.

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,476
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,566
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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- 27-00005
  • Block: 1500.27
  • Lot: 5
  • Municipality: DOVER TWP
  • Latitude: 39.965
  • Longitude: -74.1246

    Address

  • Full Address: 734 Bermuda Dr
  • Address - House Number: 734
  • Address - Street Name: Bermuda
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C023
  • 4-Digit Zip Code: 4711
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $849,055

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 650,724
  • High Value: 788,689
  • Low Value: 512,758

    Market Valuation

  • Market Total Value: $523,700
  • Market Land Value: $265,000
  • Market Improvement Value: $258,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,700
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $258,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2012
  • Current Sale Recording Date: Aug 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012079995
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:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1717 ft²

Average Home Age

45.7 years

Currently For Sale

364 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 1970 South Street, Toms River, NJ, 08753

$2,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,020 ft²
1970 South Street, Toms River, NJ, 08753 Listing by Madeline Crewe
Unit for rent at 877 Egret Drive, Toms River, NJ, 08753

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,296 ft²
877 Egret Drive, Toms River, NJ, 08753 Listing by Mayer Stroh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sandra Molloy, Rhine & Associates Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21125956
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 734 Bermuda Drive built and last sold?
The property at 734 Bermuda Drive was built in 1977 and last sold on Jul 20, 2012 for $320,000.
How much is this home worth?
The estimated value of the home located at 734 Bermuda Drive is $0.
What are some comparable homes to 734 Bermuda Drive?
There are currently no comparable homes to 734 Bermuda Drive.
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