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Ocean
202 Arizona Drive
$396,000
● House - Off Market

202 Arizona Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$416,433
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

MULTIPLE OFFERS, HIGHEST & BEST DUE MONDAY 12/13 BY 12PM. PRIDE IN OWNERSHIP IS EMINENT IN THIS HOME! Original owners have lovingly maintained  this cute Cape in desirable LAKE RIVIERA 1,664 sf, 3 Bedroom, 2 full baths, Large fenced yard with irrigation well and  deck. SS appliances, GRANITE counter tops, HW baseboard heat,  & natural gas. Good floor plan option for older parent or grown children with 2 bedrooms and full bathroom upstairs and 1 bedroom and another full bathroom downstairs. What are you waiting for? Come see and make it yours!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$231
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22138515)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Dec 8, 2021 Listed by Diane Turton, Realtors-Brick $385,000
Listed by Diane Turton, Realtors-Brick

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 150
  • 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: 9,727
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 32.2
  • Account Number: 00309044
  • District: 07
  • Parcel: 07 00382- 12-00025
  • Block: 382.12
  • Lot: 25
  • Municipality: BRICK TWP
  • Latitude: 40.0355
  • Longitude: -74.1558

    Address

  • Full Address: 202 Arizona Dr
  • Address - House Number: 202
  • Address - Street Name: Arizona
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C067
  • 4-Digit Zip Code: 7104
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $598,965

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 453,654
  • High Value: 543,625
  • Low Value: 363,683

    Market Valuation

  • Market Total Value: $247,200
  • Market Land Value: $132,500
  • Market Improvement Value: $114,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,200
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $114,700

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Feb 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 18892
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 305 Spirit Way, Brick, NJ, 08723

$3,600 /mo

  • 3 Beds
  • 3 Baths
  • 1,706 ft²
305 Spirit Way, Brick, NJ, 08723 Listing by Lisa M Smith
Unit for rent at 382 Dogwood Drive, Brick, NJ, 08723

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,014 ft²
382 Dogwood Drive, Brick, NJ, 08723 Listing by Patricia Ronca

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marlene Mango, Diane Turton, Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22138515
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 202 Arizona Drive built and last sold?
The property at 202 Arizona Drive was built in 1958 and last sold on Jan 27, 2022 for $396,000.
How much is this home worth?
The estimated value of the home located at 202 Arizona Drive is $397,087.
What are some comparable homes to 202 Arizona Drive?
There are currently no comparable homes to 202 Arizona Drive.
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