$399,900
●
House -
Off Market
824 Forepeak Drive
Forked River, NJ 08731
4 Beds
3 Baths
2,118 Ft²
$618,124
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Master carpenter Harold Lange built this 4 bedroom Cape Cod for
himself. As you enter the home you will find a grandfather clock
hand made by Harold. This will give you a prime example of the
quality workmanship of the property. This home has a first floor
master bedroom. All rooms are large. There are 7 walk-in closets,
eve storage and 3 full baths. All doors are hardwood. There are 2
8FT sliders out to a 14X57 upper deck that leads to a 7X19 lower
deck and dock with fish cleaning station. This home was built in
1988 and is indicative of that time period. A unique amenity of
this home is its 53X32 full basement. Only 1 thing is missing- your
boat!
Unit Size
2,118 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$198
Property Type
House
Property Taxes
$923
HOA Dues
$3
Year Built
1988
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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: 3 years ago (MOMLS #21908521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2019 | Sold | ||
| Sold | |||
| Mar 2, 2019 | Listed by RE/MAX New Beginnings Realty | $419,000 | |
| Listed by RE/MAX New Beginnings Realty | |||
| | |||
|
Master carpenter Harold Lange built this 4 bedroom Cape Cod for himself. As you enter the home you will find a grandfather clock hand made by Harold. This will give you a prime example of the quality workmanship of the property. This home has a first floor master bedroom. All rooms are large. There are 7 walk-in closets, eve storage and 3 full baths. All doors are hardwood. There are 2 8FT sliders out to a 14X57 upper deck that leads to a 7X19 lower deck and dock with fish cleaning station. This home was built in 1988 and is indicative of that time period. A unique amenity of this home is its 53X32 full basement. Only 1 thing is missing- your boat!
| |||
| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
| Sep 28, 2018 | Listed | $459,000 | |
| Listed | |||
| | |||
|
Master carpenter Harold Lange built this 4 bedroom Cape Cod for himself. As you enter the home you will find a grandfather clock hand made by Harold. This will give you a prime example of the quality workmanship of the property. This home has a first floor master bedroom. All rooms are large. There are 7 walk-in closets, eve storage and 3 full baths. All doors are hardwood. There are 2 8FT sliders out to a 14X57 upper deck that leads to a 7X19 lower deck and dock with fish cleaning station. This home was built in 1988 and is indicative of that time period. A unique amenity of this home is its 53X32 full basement. Only 1 thing is missing- your boat! The manager has listed the unit size as 2118 square feet.
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Lawrence J Costa, RE/MAX New Beginnings Realty-Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21908521
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: 3 years ago
Data Source: MOMMLS, MLS# 21908521
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