$235,000
●
House -
Off Market
92 Memorial Drive
Barnegat, NJ 08005
2 Beds
2 Baths
934 Ft²
$237,443
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Nestled in the heart of the historic district of Barnegat sits this
charming ranch featuring 2 bedrooms, 2 baths, original hardwood
floors, enclosed porch, living room, dining room and kitchen
equipped with stainless steel appliances. The basement and the
detached garage offer more space for storage. The oversized
partially fenced yard has lots of potential. Great location, near
shopping, restaurants, GSP and the beaches of LBI.
Unit Size
934 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$241
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1966
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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 #22230676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by Keller Williams Realty Preferred Properties | $225,000 | |
| Listed by Keller Williams Realty Preferred Properties | |||
| | |||
|
Nestled in the heart of the historic district of Barnegat sits this charming ranch featuring 2 bedrooms, 2 baths, original hardwood floors, enclosed porch, living room, dining room and kitchen equipped with stainless steel appliances. The basement and the detached garage offer more space for storage. The oversized partially fenced yard has lots of potential. Great location, near shopping, restaurants, GSP and the beaches of LBI.
| |||
| Jun 10, 2019 | No longer available | - | |
| No longer available | |||
| Dec 7, 2018 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Nov 7, 2018 | Listed | $185,000 | |
| Listed | |||
| | |||
|
Don't miss this sweet ranch situated in the heart of Barnegat's historic district in a tranquil setting. Featuring two bedrooms, dining area, kitchen with newer appliances, hardwood floors and sun room. Offering room to expand; finish the basement to add living space or additional bedrooms. Convert the detached garage for more outdoor living space or use for storage or hobby space. Easy access to the GSP, Barnegat Bay and the beautiful beaches of LBI.
| |||
Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Barnegat
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Listed by: Tracey Giery, Keller Williams Preferred Properties, Ship Bottom
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22230676
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# 22230676
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017