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Ocean
171 Mast Road
$495,000
● House - Off Market

171 Mast Road

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
$517,209
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

WOW! Maintained to perfection in Desirable Cherry Quay. Beautiful Kitchen with cherry cabinets ,Stainless appliances, and granite counter tops. Up dated bathroom with skylights. Recessed lighting through out the home, custom window treatments on most windows, Anderson windows, custom trim & crown molding, newer siding & stone, And don't forget the Built in heated SWIMMING POOL!! with a new liner. Fenced in yard and child fence around the pool. Retractable awning, shed and additional driveway for RV or other vehicles.  This house is in pristine condition could be  perfect for Multi Generational living. Full bathroom downstairs. It is optional to join the Cherry Quay Bay  Beach Club and boat ramp. No disappointment here! FYI the grass has been enhanced.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1973

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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 #22300929)

Price History

Date / Event Date Event Price
Feb 21, 2023 Sold
Premium
Sold
Jan 11, 2023 Listed by DeFelice Realty Group, LLC $495,000
Listed by DeFelice Realty Group, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 11,570
  • Building Area: 11,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 11,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714200

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 27.3
  • Account Number: 00206524
  • District: 07
  • Parcel: 07 00324- 30-00011
  • Block: 324.30
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.0307
  • Longitude: -74.1228

    Address

  • Full Address: 171 Mast Rd
  • Address - House Number: 171
  • Address - Street Name: Mast
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C018
  • 4-Digit Zip Code: 6720
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $711,878

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 533,555
  • High Value: 638,730
  • Low Value: 428,380

    Market Valuation

  • Market Total Value: $293,800
  • Market Land Value: $139,200
  • Market Improvement Value: $154,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,800
  • Assessed Land Value: $139,200
  • Assessed Improvements Value: $154,600

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 14915
  • Previous Sale Recording Date: Jun 19, 2008
  • Previous Sale Contract Date: Jun 16, 2008
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: 12
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

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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 41 White Swan Way, Brick, NJ, 08723

$3,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,473 ft²
41 White Swan Way #19, Brick, NJ, 08723 Listing by Christine Visconti

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Carol DeFelice, DeFelice Realty Group, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22300929
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 171 Mast Road built and last sold?
The property at 171 Mast Road was built in 1973 and last sold on Feb 21, 2023 for $495,000.
How much is this home worth?
The estimated value of the home located at 171 Mast Road is $0.
What are some comparable homes to 171 Mast Road?
There are currently no comparable homes to 171 Mast Road.
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