$235,000
●
Condo -
Off Market
202 Iris Way
Brick, NJ 08724
3 Beds
3 Baths,
1
Half Bath
1,567 Ft²
$347,913
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Experience the benefits this private, beautifully manicured and
well-maintained community has to offer. The Woods at Laurel;
nestled in a park like setting in the much desired Herbertsville
section, includes winding sidewalks, community pool and clubhouse,
tennis and basketball courts, and playground. Here is your
opportunity to bring your personal tastes and touches to this roomy
and bright 3 bedroom 2.5 bath town home. Large eat-in kitchen
leads to dining room and living room with access to private patio.
Main floor also includes powder room, laundry, easy access to
utilities and attached garage. New carpet installed on
stairway and also throughout the spacious bedrooms. Easy
access to Garden State Parkway and Rte 70. Close proximity to area
beaches & boating
Unit Size
1,567 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$162
Property Type
Condo
Property Taxes
$450
HOA Dues
$320
Year Built
1997
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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 #22013980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2020 | Sold | ||
| Sold | |||
| May 4, 2020 | Listed by Ward Wight Sotheby's International Realty | $254,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Driveway, Off Street, Visitor, Direct Access
Garage Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Rooms: 11
None
Exterior Details
Year Built: 1997
Parcel Number: 07-01210-15-00002-0000-C0202
Exclusions: Personal Belongings
Inclusions: Washer, Dishwasher, Dryer, Stove, Refrigerator
Exterior Features: Patio
Foundation Details: Slab
Roof: Shingle
Architectural Style: Townhouse
Pool Features: Common, In Ground, Membership Required
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $232,200
Tax Year: 2019
Tax Annual Amount: $5,401
Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
Association Amenities: Tennis Court, Professional Management, Association, Pool, Basketball Court, Clubhouse, Landscaping, Playground
Association Fee: $320
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2020
| |
3 Bed
|
3 Bath
|
1567 ft²
|
$254,000
3 Bed
3 Bath
1567 ft²
|
$235,000
-7.48%
08/19/2020
|
Amy Perry
Ward Wight Sotheby's International Realty
|
Building Info
About Ocean
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Listed by: Amy Perry, Ward Wight Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22013980
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22013980
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