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Cliffwood Beach 07735
886 Woodmere Drive
$273,000
● House - Off Market

886 Woodmere Drive

Cliffwood Beach, NJ 07735
bedrooms
4 Beds
bathrooms
2 Baths
$471,791
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Expanded custom home on high ground with dramatic, sweeping bay views. 4 bedrooms and 2 full baths. Large living room with wood burning fireplace. Huge master bedroom suite with separate sitting room and walk-in closet. Den/office. Spacious full finished basement. Rear yard screened porch and deck. Front porch overlooking bay and Keyport harbor. Hardwood floors in most rooms. Economical gas heat. Central A/C. Near busses and train station to NYC, North Jersey and Jersey Shore communities.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1950

Payment Calculator

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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: 3 years ago (MOMLS #21507952)

Price History

Date / Event Date Event Price
Jun 29, 2015 Sold
Premium
Sold
Mar 8, 2015 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $265,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,695
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802500

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 97
  • District: 01
  • Parcel: 01 00361-0000-00008
  • Block: 361
  • Lot: 8
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4415
  • Longitude: -74.2141

    Address

  • Full Address: 886 Woodmere Dr
  • Address - House Number: 886
  • Address - Street Name: Woodmere
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C013
  • 4-Digit Zip Code: 5542
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870,886

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 505,382
  • High Value: 595,107
  • Low Value: 415,657

    Market Valuation

  • Market Total Value: $401,700
  • Market Land Value: $183,600
  • Market Improvement Value: $218,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,700
  • Assessed Land Value: $183,600
  • Assessed Improvements Value: $218,100

    Sales

  • Current Sale Contract Date: May 29, 2015
  • Current Sale Recording Date: Jul 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015060776
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 Cliffwood Beach

Stats & Trends

Median Asking:

$455,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

68

Average Home Size

892 ft²

Average Home Age

75.2 years

Currently For Sale

13 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 101 Midland Avenue, Cliffwood, NJ, 07721

$4,000 /mo

  • 3 Beds
  • 3 Baths
101 Midland Avenue #01X, Cliffwood, NJ, 07721 Listing by Charles Croce
Unit for rent at 2 Raritan Cove, Keyport, NJ, 07735

$4,250 /mo

  • 3 Beds
  • 4 Baths
  • 2,362 ft²
2 Raritan Cove, Keyport, NJ, 07735 Listing by Carissa Marshall

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allan Buim, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21507952
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 886 Woodmere Drive built and last sold?
The property at 886 Woodmere Drive was built in 1950 and last sold on May 29, 2015 for $273,000.
How much is this home worth?
The estimated value of the home located at 886 Woodmere Drive is $0.
What are some comparable homes to 886 Woodmere Drive?
There are currently no comparable homes to 886 Woodmere Drive.
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