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Toms River 08753
764 Bermuda Drive
$450,000
● House - Off Market

764 Bermuda Drive

Toms River, NJ 08753
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,924 Ft²
$559,570
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Welcome to Shelter Cove!  Updated colonial ready for it's new owners! Can acomodate quick close! Sellers have found a new home! This spacious home offers water views,  5 BR, 3 baths, with an additional 250sq.ft.MBR suite, master bath w/soaking tub & sep.shower.   Updated kit w/ SS appliances, Open floor plan to DR/LR, & spacious family rm w/ slider to backyard patio & 16x32 I/G pool. Tankless HWH. New roof. All new gas lines. One car garage & driveway for 4 cars. Good M/D potential. Exceptional value!
Unit Size
2,924 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$150
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1974

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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: 2 years ago (MOMLS #22035617)

Price History

Date / Event Date Event Price
Feb 8, 2021 Sold
Premium
Sold
Oct 2, 2020 Listed by Keller Williams Realty Central Monmouth $439,900
Listed by Keller Williams Realty Central Monmouth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,938
  • Building Area: 2,938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,938
  • 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- 25-00017
  • Block: 1500.25
  • Lot: 17
  • Municipality: DOVER TWP
  • Latitude: 39.9668
  • Longitude: -74.1239

    Address

  • Full Address: 764 Bermuda Dr
  • Address - House Number: 764
  • Address - Street Name: Bermuda
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C023
  • 4-Digit Zip Code: 4775
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $855,363

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 737,060
  • High Value: 893,331
  • Low Value: 580,790

    Market Valuation

  • Market Total Value: $512,500
  • Market Land Value: $169,000
  • Market Improvement Value: $343,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,500
  • Assessed Land Value: $169,000
  • Assessed Improvements Value: $343,500

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021025921
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Contract Date: Aug 30, 2006
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 12
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

1702 ft²

Average Home Age

45.8 years

Currently For Sale

363 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 3110 Windsor Avenue, Toms River, NJ, 08753

$6,200 /mo

  • 3 Beds
  • 3 Baths
  • 3,527 ft²
3110 Windsor Avenue, Toms River, NJ, 08753 Listing by Diane Notarfrancesco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Katherine Dygon, Keller Williams Realty Central Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22035617
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 764 Bermuda Drive built and last sold?
The property at 764 Bermuda Drive was built in 1974 and last sold on Jan 29, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 764 Bermuda Drive is $444,299.
What are some comparable homes to 764 Bermuda Drive?
There are currently no comparable homes to 764 Bermuda Drive.
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