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Ocean 08005
97 Freedom Hills Drive
$282,000
● House - Off Market

97 Freedom Hills Drive

Barnegat, NJ 08005
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,848 Ft²
$420,442
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

BUYERS HURRY HERE IS A GREAT BONUS SELLER WILL PAY 3% TOWARDS BUYERS CLOSING COSTS IF CLOSED BY APRIL 30TH 2019.  HURRY!   Here you go!!  Home offers a large open foyer, formal livingroom, formal diningroom, two story family room with magnificent sunlight shining in,  beautiful oversized kitchen with wood cabinets and beautiful granite counter.  Home also offers an oversized master suite with tray ceiling and a large jacuzzi tub for relaxing after your long day. Save money on heating and air with your two zone system.  Enjoy the beautiful custom trim and columns this home has to offer.  Now lets add some more space to this home by your full basement that has been finished.  Property is being sold as is with buyer responsible for all inspections and certifications
Unit Size
2,848 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
2009

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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: 2 years ago (MOMLS #21902073)

Price History

Date / Event Date Event Price
May 10, 2019 Sold
Premium
Sold
Jan 14, 2019 Listed by Linda Schroeck Rlty. Group LLC $285,000
Listed by Linda Schroeck Rlty. Group LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,476
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,848
  • Building Area: 2,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREEDOM HILLS MAJOR SUBDIVISION
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: ML-3

Geography

  • Assessors Map Reference: TAX MAP 78
  • District: 01
  • Parcel: 01 00114- 59-00021
  • Block: 114.59
  • Lot: 21
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7385
  • Longitude: -74.2501

    Address

  • Full Address: 97 Freedom Hills Dr
  • Address - House Number: 97
  • Address - Street Name: Freedom Hills
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R008
  • 4-Digit Zip Code: 1827
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,051,868

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 616,635
  • High Value: 749,078
  • Low Value: 484,192

    Market Valuation

  • Market Total Value: $373,400
  • Market Land Value: $91,000
  • Market Improvement Value: $282,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,400
  • Assessed Land Value: $91,000
  • Assessed Improvements Value: $282,400

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019074038
  • Previous Sale Recording Date: May 02, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: 68
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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1588 ft²

Average Home Age

32.5 years

Currently For Sale

3034 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 20 6th Street, Barnegat, NJ, 08005

$3,800 /mo

  • 5 Beds
  • 3 Baths
20 6th Street, Barnegat, NJ, 08005 Listing by Joyce Rogers

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Schroeck, Linda Schroeck Rlty. Group LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21902073
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 97 Freedom Hills built and last sold?
The property at 97 Freedom Hills was built in 2009 and last sold on Apr 12, 2019 for $282,000.
How much is this home worth?
The estimated value of the home located at 97 Freedom Hills is $322,192.
What are some comparable homes to 97 Freedom Hills?
There are currently no comparable homes to 97 Freedom Hills.
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