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Ocean
834 Bowsprit Point
$640,000
● House - Off Market

834 Bowsprit Point

Lanoka Harbor, NJ 08734
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,270 Ft²
$721,617
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

SPACIOUS, Minutes to the Bay, 75ft on the Water. Make this custom home yours. Greet your guest in the large living room with gas fireplace, Host the parties in this sizeable kitchen that features substantial counter space. Then when its time to relax bring them to your backyard oasis. Show them what ''Shore Life '' is about.  SPACE is what this home will give you. You will be able to house your vehicles and still have room for the toys in the GARAGES. What are you waiting for? Lock this home down NOW!
Unit Size
2,270 Ft²
Days on Market
71 days
Land Size
0.17 acres
Price per sqft
$289
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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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: 6 months ago (MOMLS #22132906)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by Weichert Realtors-Forked River $655,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • 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: 2,270
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,270
  • 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: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 44
  • Account Number: 187090
  • District: 13
  • Parcel: 13 00812-0000-00009
  • Block: 812
  • Lot: 9
  • Municipality: LACEY TWP
  • Latitude: 39.8615
  • Longitude: -74.1482

    Address

  • Full Address: 834 Bowsprit Pt
  • Address - House Number: 834
  • Address - Street Name: Bowsprit
  • Address - Suffix Type: Pt
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R001
  • 4-Digit Zip Code: 2701
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $840,931

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 698,268
  • High Value: 845,861
  • Low Value: 550,675

    Market Valuation

  • Market Total Value: $371,600
  • Market Land Value: $192,500
  • Market Improvement Value: $179,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,600
  • Assessed Land Value: $192,500
  • Assessed Improvements Value: $179,100

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021180430
  • Previous Sale Recording Date: Jan 24, 2007
  • Previous Sale Contract Date: Jan 17, 2007
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1593 ft²

Average Home Age

35.1 years

Currently For Sale

2970 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christine Bender, Weichert Realtors-Forked River
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22132906
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 834 Bowsprit Point built and last sold?
The property at 834 Bowsprit Point was built in 1979 and last sold on Dec 2, 2021 for $640,000.
How much is this home worth?
The estimated value of the home located at 834 Bowsprit Point is $0.
What are some comparable homes to 834 Bowsprit Point?
There are currently no comparable homes to 834 Bowsprit Point.
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