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Ocean
107 Orangewood Drive
$250,000
● House - Off Market

107 Orangewood Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
1 Bath
$412,270
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This pristine 3 Bed 1 Bath home in Birchwood Park is what you've been waiting for! This home boasts hardwood floors throughout, updated kitchen with stainless steel appliances, large bedrooms, brand new HVAC system complete with furnace, AC condenser, and duct work.  The spacious layout and oversized lot, in a desirable neighborhood make this home a can't miss. In addition, a brand new park is being completed just 1 block away. This home will not disappoint!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1957

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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 #21729250)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Jul 27, 2017 Listed by Keller Williams Realty West Monmouth $259,900
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,937
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713402

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 41.2
  • Account Number: 00413275
  • District: 07
  • Parcel: 07 00701- 17-00009
  • Block: 701.17
  • Lot: 9
  • Municipality: BRICK TWP
  • Latitude: 40.067
  • Longitude: -74.1498

    Address

  • Full Address: 107 Orangewood Dr
  • Address - House Number: 107
  • Address - Street Name: Orangewood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C023
  • 4-Digit Zip Code: 3319
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,711

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 408,644
  • High Value: 496,917
  • Low Value: 320,372

    Market Valuation

  • Market Total Value: $208,300
  • Market Land Value: $124,600
  • Market Improvement Value: $83,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,300
  • Assessed Land Value: $124,600
  • Assessed Improvements Value: $83,700

    Sales

  • Current Sale Contract Date: Nov 15, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017127049
  • Previous Sale Recording Date: Oct 08, 2008
  • Previous Sale Contract Date: Sep 29, 2008
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 305 Spirit Way, Brick, NJ, 08723

$3,600 /mo

  • 3 Beds
  • 3 Baths
305 Spirit Way, Brick, NJ, 08723 Listing by Lisa M Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Brad Gardner, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21729250
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 107 Orangewood Drive built and last sold?
The property at 107 Orangewood Drive was built in 1957 and last sold on Nov 15, 2017 for $250,000.
How much is this home worth?
The estimated value of the home located at 107 Orangewood Drive is $262,499.
What are some comparable homes to 107 Orangewood Drive?
There are currently no comparable homes to 107 Orangewood Drive.
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