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Ocean
10 Royal Drive
$625,000
● House - Off Market

10 Royal Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,056 Ft²
$893,889
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

A  True ''10''  Rebuilt from inside out. gutted to the studs, 2015 roof,windows,furnace,AC & Electrical panel. Shows like a model home .Water views from every room. 240 ft of waterfront -vinyl bulkhead & dock replaced in 2010 complete with water,electric & boardwalk around perimeter. Outside oasis in-ground pool, open porch with Mahogany flooring & deck. Outside speakers,pizza fireplace/oven,stamped concrete ,boaters paradise. Gourmet kitchen w/center island & Breakfast Bar. Other kitchen features-pendant lighting,.subway tile back splash,,custom Kitchenaid Stainless appliances, soft close draws,& St Cecilia Granite. Scrapped hardwood flooring throughout. Custom Baths with Driftwood ceramic tile. Master suite has walk in closet & private bath. 2 car garage with floored attic access .
Unit Size
2,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$297
Property Type
House
Property Taxes
-
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: 3 years ago (MOMLS #21927086)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
Jun 30, 2019 Listed by Keller Williams Realty Ocean Living $609,900
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: FACILITY NAME: DISABLED VETERAN

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714200

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 27.2
  • Account Number: 00206411
  • District: 07
  • Parcel: 07 00324- 18-00010
  • Block: 324.18
  • Lot: 10
  • Municipality: BRICK TWP
  • Latitude: 40.0256
  • Longitude: -74.1162

    Address

  • Full Address: 10 Royal Dr
  • Address - House Number: 10
  • Address - Street Name: Royal
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C018
  • 4-Digit Zip Code: 6731
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,154,317

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 800,131
  • High Value: 969,111
  • Low Value: 631,151

    Market Valuation

  • Market Total Value: $476,400
  • Market Land Value: $286,400
  • Market Improvement Value: $190,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,400
  • Assessed Land Value: $286,400
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Sep 04, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019089075
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Contract Date: Aug 27, 2014
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 27
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

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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 87 Captains Court, Brick, NJ, 08723

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
87 Captains Court, Brick, NJ, 08723 Listing by Gabriela Flanagan
Unit for rent at 97 Metedeconk Road, Brick, NJ, 08723

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
97 Metedeconk Road, Brick, NJ, 08723 Listing by Marie Gentile

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Suzanne E Bavaro, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21927086
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 10 Royal Drive built and last sold?
The property at 10 Royal Drive was built in 1979 and last sold on Sep 4, 2019 for $625,000.
How much is this home worth?
The estimated value of the home located at 10 Royal Drive is $0.
What are some comparable homes to 10 Royal Drive?
There are currently no comparable homes to 10 Royal Drive.
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