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Ocean
127 Southview Drive
$355,000
● House - Off Market

127 Southview Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$586,701
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

3 Bedroom, 2.5 Bath great waterfront home. Features hardwood floors, spacious back deck great for entertaining in warmer weather with hot tub, fireplace and garage. All on lagoon with newer bulkhead.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1968

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: 3 years ago (MOMLS #21701556)

Price History

Date / Event Date Event Price
Feb 20, 2018 Sold
Premium
Sold
Jul 29, 2017 Listed $424,000
Listed
3 Bedroom, 2.5 Bath great waterfront home. Features hardwood floors, spacious back deck great for entertaining in warmer weather with hot tub, fireplace and garage. All on lagoon with newer bulkhead.
Jan 13, 2017 Listed by EXIT Realty Jersey Shore $375,000
Listed by EXIT Realty Jersey Shore

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,010
  • Building Area: 1,010
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,010
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714300

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 23.4
  • Account Number: 00204823
  • District: 07
  • Parcel: 07 00252- 19-00032
  • Block: 252.19
  • Lot: 32
  • Municipality: BRICK TWP
  • Latitude: 40.0173
  • Longitude: -74.1013

    Address

  • Full Address: 127 Southview Dr
  • Address - House Number: 127
  • Address - Street Name: Southview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C054
  • 4-Digit Zip Code: 7545
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $830,605

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 566,228
  • High Value: 686,064
  • Low Value: 446,393

    Market Valuation

  • Market Total Value: $342,800
  • Market Land Value: $241,300
  • Market Improvement Value: $101,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,800
  • Assessed Land Value: $241,300
  • Assessed Improvements Value: $101,500

    Sales

  • Current Sale Contract Date: Feb 20, 2018
  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018020877
  • Previous Sale Recording Date: Nov 05, 1997
  • Previous Sale Contract Date: Oct 30, 1997
  • Previous Sale Amount: $155,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4272 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 43 Topsail Road, Brick, NJ, 08723

$3,250 /mo

  • 3 Beds
  • 2 Baths
43 Topsail Road, Brick, NJ, 08723 Listing by Jeffrey Prontnicki
Unit for rent at 452 Marathon Court, NJ, 08735

$3,500 /mo

  • 4 Beds
  • 2 Baths
452 Marathon Court, NJ, 08735 Listing by Renee Vecchione

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sharon Miranda, EXIT Realty Jersey Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21701556
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 127 Southview Drive built and last sold?
The property at 127 Southview Drive was built in 1968 and last sold on Feb 20, 2018 for $355,000.
How much is this home worth?
The estimated value of the home located at 127 Southview Drive is $0.
What are some comparable homes to 127 Southview Drive?
There are currently no comparable homes to 127 Southview Drive.
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