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Ocean 08527
12 Scarborough Drive
$810,000
● House - Off Market

12 Scarborough Drive

Jackson, NJ 08527
bedrooms
5 Beds
bathrooms
3 Baths
$826,169
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

*** BEAUTIFUL COLONIAL IN HAMPSHIRE HILLS *** OPEN SPACIOUS LAYOUT *** TWO STORY ENTRYWAY *** BIG LIVING/DINING ROOM WITH EXTRA LARGE WINDOWS *** BIG EAT IN KITCHEN WITH LARGE PANTRY *** FAMILY ROOM WITH FIREPLACE *** 4 BEDROOMS ON SECOND FLOOR PLUS BONUS BEDROOM ON FIRST FLOOR WITH FULL BATH *** OVERSIZED MASTER BEDROOM INCLUDES SITTING ROOM,WALKIN CLOSET AND MASTER BATH *** BIG BASEMENT WITH FRENCH DRAIN *** RECESSED LIGHTING THROUGHOUT *** HUGE FULLY FENCED BACKYARD WITH A LARGE PATIO AREA ***
Unit Size
-
Days on Market
83 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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 #22133028)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by Keller Williams Realty Monmouth/Ocean $749,900
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,382
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,767
  • Building Area: 2,767
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,767
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 51
  • District: 12
  • Parcel: 12 05104-0000-00004
  • Block: 5104
  • Lot: 4
  • Municipality: JACKSON TWP
  • Latitude: 40.1451
  • Longitude: -74.2885

    Address

  • Full Address: 12 Scarborough Dr
  • Address - House Number: 12
  • Address - Street Name: Scarborough
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 1295
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,151,294

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 924,672
  • High Value: 1,103,593
  • Low Value: 745,752

    Market Valuation

  • Market Total Value: $458,500
  • Market Land Value: $101,900
  • Market Improvement Value: $356,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,500
  • Assessed Land Value: $101,900
  • Assessed Improvements Value: $356,600

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021175257
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: May 11, 2021
  • Previous Sale Amount: $610,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1600 ft²

Average Home Age

29.8 years

Currently For Sale

4608 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: Efrayim Lax, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22133028
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 12 Scarbrough Drive built and last sold?
The property at 12 Scarbrough Drive was built in 2005 and last sold on Nov 30, 2021 for $810,000.
How much is this home worth?
The estimated value of the home located at 12 Scarbrough Drive is $0.
What are some comparable homes to 12 Scarbrough Drive?
There are currently no comparable homes to 12 Scarbrough Drive.
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