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Keyport 07735
8 Octavia Place
$235,000
● House - Off Market

8 Octavia Place

Keyport, NJ 07735
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,512 Ft²
$534,834
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Expanded Cape in move in condition. Wood floors on main level & carpet on 2nd level. Bright & sunny home with room to roam. Full appliance pkg. Formal DR. w/sliders to deck overlooking yard.Fully fenced for child & pet safety. Detached garage & full dry basement. Looking for quality,here it is. Everything has been remodeled & in stunning condition.This home holds something for every member of your family.Dead end street,walk to downtown waterfront,school & superior dining. Come down,stay forever
Unit Size
1,512 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1951

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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 #21219599)

Price History

Date / Event Date Event Price
Jan 4, 2013 Sold
Premium
Sold
May 23, 2012 Listed by Gloria Nilson & Co. Real Estate $249,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 828
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,060
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Keyport Borough School District
  • Census Tract: 801900

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 24
  • Parcel: 24 00100-0000-00015
  • Block: 100
  • Lot: 15
  • Municipality: KEYPORT BORO
  • Latitude: 40.4337
  • Longitude: -74.1947

    Address

  • Full Address: 8 Octavia Pl
  • Address - House Number: 8
  • Address - Street Name: Octavia
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C002
  • 4-Digit Zip Code: 1921
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $957,449

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 510,363
  • High Value: 612,680
  • Low Value: 408,046

    Market Valuation

  • Market Total Value: $435,600
  • Market Land Value: $163,900
  • Market Improvement Value: $271,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,600
  • Assessed Land Value: $163,900
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Contract Date: Jan 02, 2013
  • Current Sale Recording Date: Jan 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013003723
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 Keyport

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$358

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1427 ft²

Average Home Age

68.4 years

Currently For Sale

57 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 333 First Street, Keyport, NJ, 07735

$3,800 /mo

  • 3 Beds
  • 2 Baths
333 First Street #8, Keyport, NJ, 07735 Listing by Christopher Walsh
Unit for rent at 84 Bethany Road, Hazlet, NJ, 07730

$3,900 /mo

  • 4 Beds
  • 3 Baths
84 Bethany Road, Hazlet, NJ, 07730 Listing by Kevin McNelis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Ann Peragallo, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21219599
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 8 Octavia Place built and last sold?
The property at 8 Octavia Place was built in 1951 and last sold on Jan 2, 2013 for $235,000.
How much is this home worth?
The estimated value of the home located at 8 Octavia Place is $263,820.
What are some comparable homes to 8 Octavia Place?
There are currently no comparable homes to 8 Octavia Place.
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