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Ocean 08724
104 Polk Drive
$259,900
● House - Off Market

104 Polk Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
1 Bath
$447,727
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Looking for a House? This is the One! It Has 3 Bedrms a Remodeled Bath with Ceramic Tiled Shower & Floor, Newer W/W Carpeting (Hardwood Underneath) Eat In Kitchen with New Vinyl Floor, Newer Gas Furnace & Central Air-FULL BASEMENT with Family Rm and Bonus Rm, each with Recessed Lighting-4 Yr Young Timberline Roof, Newer Vinyl Siding and Bow Window-Large Deck for Entertaining and Huge Totally Fenced Yard to Match! One Car Garage with Double Wide Driveway-Nice Landscaping, Paver Walkway and a Neighborhood with SIDEWALKS!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1960

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: 2 years ago (MOMLS #21608099)

Price History

Date / Event Date Event Price
Apr 26, 2016 Sold
Premium
Sold
Mar 3, 2016 Listed by Real Estate, LTD $259,900
Listed by Real Estate, LTD

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,066
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,900
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 55.2
  • Account Number: 00518801
  • District: 07
  • Parcel: 07 01049-0000-00004
  • Block: 1049
  • Lot: 4
  • Municipality: BRICK TWP
  • Latitude: 40.0796
  • Longitude: -74.1023

    Address

  • Full Address: 104 Polk Dr
  • Address - House Number: 104
  • Address - Street Name: Polk
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C010
  • 4-Digit Zip Code: 2722
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $554,352

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 454,880
  • High Value: 552,036
  • Low Value: 357,724

    Market Valuation

  • Market Total Value: $227,100
  • Market Land Value: $117,600
  • Market Improvement Value: $109,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,100
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $109,500

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: Apr 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016040554
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:

$499,000

Sale Price/ft²

$303

Above Asking

0.19%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4650 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 2305 Oak Tree Road, Point Pleasant, NJ, 08742

$3,400 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Catherine M Kehm, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21608099
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 104 Polk Drive built and last sold?
The property at 104 Polk Drive was built in 1960 and last sold on Apr 22, 2016 for $259,900.
How much is this home worth?
The estimated value of the home located at 104 Polk Drive is $0.
What are some comparable homes to 104 Polk Drive?
There are currently no comparable homes to 104 Polk Drive.
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