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Ocean 08724
1220 Andover Road
$310,000
● House - Off Market

1220 Andover Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,004 Ft²
$643,686
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Reduced 75,000. Beautiful Custom Colonial on cul-de-sac desirable mayo estates area Herbertsville. Relax on front porch or back deck, swim in the wonderful in-ground pool, watch tv in family rm w/recessed lights, cathedral ceil. This house has it all! Eat-in kitchen, breakfast rm, plenty of counter & cabinet space, Laminate wood flrs, panty & full appl pkg. Living rm has beautiful bow window, Formal dining rm. Master suite w/full bath & walk-in closet. Lrg fenced back yrd. Make every offer known
Unit Size
2,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1986

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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 #21130488)

Price History

Date / Event Date Event Price
Dec 1, 2012 Sold
Premium
Sold
Aug 9, 2011 Listed by Weichert Realtors-Brick $299,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808702

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 72.2
  • Account Number: 00727510
  • District: 07
  • Parcel: 07 01426- 07-00011
  • Block: 1426.07
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.1208
  • Longitude: -74.1256

    Address

  • Full Address: 1220 Andover Rd
  • Address - House Number: 1220
  • Address - Street Name: Andover
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C056
  • 4-Digit Zip Code: 1011
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $941,217

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 609,553
  • High Value: 746,722
  • Low Value: 472,385

    Market Valuation

  • Market Total Value: $383,700
  • Market Land Value: $151,800
  • Market Improvement Value: $231,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,700
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $231,900

    Sales

  • Current Sale Contract Date: Oct 30, 2012
  • Current Sale Recording Date: Nov 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012117795
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

0.20%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Janice A Nagel Van Bel, Weichert Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21130488
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 1220 Andover Road built and last sold?
The property at 1220 Andover Road was built in 1986 and last sold on Oct 30, 2012 for $310,000.
How much is this home worth?
The estimated value of the home located at 1220 Andover Road is $0.
What are some comparable homes to 1220 Andover Road?
There are currently no comparable homes to 1220 Andover Road.
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