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Ocean 08724
111 Harding Drive
$265,000
● House - Off Market

111 Harding Drive

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,424 Ft²
$420,860
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Located in the Midstreams section of Brick.  Beautiful Cape that offers Large kitchen with cathedral ceiling, 4 bedrooms, updated baths and a newer roof.  Home has a beautiful in-ground pool for great entertaining. Hardwood floor and new carpeting in upstairs bedrooms.  Absolutely move in ready.  Also offers a double drive.  Home is 4 miles to beach and Jenkinson's boardwalk and aquarium. Easy access to parkway North and South.  Shopping in Brick includes Marshall's, Kohl's, Barnes & Nobles and Home Depot.  Enjoy to show.
Unit Size
1,424 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$426
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: 2 years ago (MOMLS #21746200)

Price History

Date / Event Date Event Price
Feb 28, 2018 Sold
Premium
Sold
Dec 15, 2017 Listed by Veltri & Associates, Realtors $269,000
Listed by Veltri & Associates, Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 00518860
  • District: 07
  • Parcel: 07 01051-0000-00011
  • Block: 1051
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.0799
  • Longitude: -74.1045

    Address

  • Full Address: 111 Harding Dr
  • Address - House Number: 111
  • Address - Street Name: Harding
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C010
  • 4-Digit Zip Code: 2709
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $565,824

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 468,079
  • High Value: 568,054
  • Low Value: 368,104

    Market Valuation

  • Market Total Value: $231,800
  • Market Land Value: $114,000
  • Market Improvement Value: $117,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,800
  • Assessed Land Value: $114,000
  • Assessed Improvements Value: $117,800

    Sales

  • Current Sale Contract Date: Feb 28, 2018
  • Current Sale Recording Date: Mar 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018029184
  • Previous Sale Recording Date: Aug 01, 2002
  • Previous Sale Contract Date: Jul 23, 2002
  • Previous Sale Amount: $110,000
  • 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

0.16%

Average Days on Market

73

Average Home Size

1583 ft²

Average Home Age

32.5 years

Currently For Sale

3087 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

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MOMMLS

Listed by: Sondra Hurley Iannuzzi, Veltri & Associates, Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21746200
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 111 Harding Drive built and last sold?
The property at 111 Harding Drive was built in 1955 and last sold on Feb 28, 2018 for $265,000.
How much is this home worth?
The estimated value of the home located at 111 Harding Drive is $282,516.
What are some comparable homes to 111 Harding Drive?
There are currently no comparable homes to 111 Harding Drive.
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