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Ocean 08724
110 Fairway Drive
$338,000
● House - Off Market

110 Fairway Drive

Brick, NJ 08724
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$559,318
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

TRUE Mother-Daughter Home!  Upon arrival at this unique property, you will immediately notice the great curb appeal.  The interior is deceivingly  spacious... offering 5 Bedrooms, 3 Full Bths, 2 Kitchens and 2 Living rooms!  The recent basement renovation doubled the sq. footage to over 2,400 sq. ft!  Upstairs features include hardwood floors, gas fireplace, newer AC system/ furnace, master bath w/ corian counters & dual sinks,shower stall & jacuzzi tub & Kitchen w/ granite. Downstairs offers a full kitchen, 2 true bedrooms (with closets & egress) and large living room with new carpets & wainscoting.  Beautiful yard w/ gardens, sprinklers & shed with electric.  Perfect alternative for grown children OR parents who would otherwise be renting.
Unit Size
2,400 Ft²
Days on Market
78 days
Land Size
-
Price per sqft
$146
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1955

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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: 7 months ago (MOMLS #21718537)

Price History

Date / Event Date Event Price
Jul 28, 2017 Sold
Premium
Sold
May 11, 2017 Listed by Childers Sotheby's Intl Realty $349,900
Listed by Childers Sotheby's Intl Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713600

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 50.3
  • Account Number: 00416781
  • District: 07
  • Parcel: 07 00902- 18-00018
  • Block: 902.18
  • Lot: 18
  • Municipality: BRICK TWP
  • Latitude: 40.0711
  • Longitude: -74.0983

    Address

  • Full Address: 110 Fairway Dr
  • Address - House Number: 110
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C047
  • 4-Digit Zip Code: 3814
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,526

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 514,847
  • High Value: 622,608
  • Low Value: 407,085

    Market Valuation

  • Market Total Value: $253,800
  • Market Land Value: $130,000
  • Market Improvement Value: $123,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,800
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $123,800

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Aug 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017081479
  • Previous Sale Recording Date: Jan 19, 1994
  • Previous Sale Contract Date: Jan 11, 1994
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: 27

    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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2999 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

Rentals Near You

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MOMMLS

Listed by: Aileen Starkey-Casalino, Childers Sotheby's Intl Realty
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 21718537
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 110 Fairway Road built and last sold?
The property at 110 Fairway Road was built in 1955 and last sold on Jul 28, 2017 for $338,000.
How much is this home worth?
The estimated value of the home located at 110 Fairway Road is $353,399.
What are some comparable homes to 110 Fairway Road?
There are currently no comparable homes to 110 Fairway Road.
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