$450,000
●
House -
Off Market
9 Horner Lane
Forked River, NJ 08731
4 Beds
2 Baths,
1
Half Bath
1,800 Ft²
$486,632
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
2.5+ acres of land in Forked River! This charming, updated and turn
key custom home has a modern farmhouse feel and plenty of room for
the whole family. The main level features vaulted ceilings, bright
and open spaces, foyer with double closets, dining room and new
kitchen. The lower level has the living room with wood burning
fireplace, separate den and powder room. Upstairs has 4 bedrooms,
full bathroom and a balcony. There is a basement for additional
storage, bonus room off the living room (great office or playroom)
and plenty of attic style storage. All this with a covered front
porch, expanded driveway, storage sheds and your very own pond.
Very quiet and private location with woods that extend beyond the
yard that is part of this property. Don't miss out on this unique
opportunity!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
2.52 acres
Price per sqft
$250
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1959
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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: 2 years ago (MOMLS #22133526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by RE/MAX at Barnegat Bay | $449,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Nov 10, 2016 | Sold | ||
| Sold | |||
| Sep 1, 2016 | Listed by Weichert Realtors-Forked River | $229,000 | |
| Listed by Weichert Realtors-Forked River | |||
| | |||
|
Welcome to this 4br 1 1/2 bath home nestled on over 2 1/2 acres in the heart
of Forked River. Newer roof,2 zoned
central air,and new flooring in kitchen
& laundry rooms. 2 zoned hot water base
board heat, hardwood flooring thru out
2nd floor and living room plus wood burn
-ing fireplace to enjoy of cool nights.
Well for outside watering & sprinkler system. Property is not sub dividable due wetlands in rear. Plenty of room for kids of all ages to enjoy!Close to
shopping, resteraunts, library, marinas,
and only minutes to the pristine beaches
of LBI. Don't miss this special home.
Close to shopping,
restarants, marinas, bus stop,
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Forked River
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Listed by: Robert N Lange, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22133526
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: 2 years ago
Data Source: MOMMLS, MLS# 22133526
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