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Ocean 08724
208 Arrowhead Park Drive
$282,500
● House - Off Market

208 Arrowhead Park Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
1 Bath
$424,108
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Welcome to 208 Arrowhead Park Drive, inviting and charming and ready for its new owner!! Beautifully landscaped property, large shed and patio in yard, car port & additional storage closet are just some of the extra's you will find! Beautiful hardwood floors throughout the home!! Bright and sunny eating area off the kitchen! Newer hot water heater and furnace, the central air unit was recently replaced too!! Newer roof! The full basement has unlimited possibilities ! Short drive to Point Pleasant Beach and boardwalk. This home will not last! Come and take a look!! You will be happy that you did!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1957

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 #21919412)

Price History

Date / Event Date Event Price
Jul 16, 2019 Sold
Premium
Sold
May 9, 2019 Listed by Real Estate, LTD $289,000
Listed by Real Estate, LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713600

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 50.3
  • Account Number: 00416637
  • District: 07
  • Parcel: 07 00902- 10-00011
  • Block: 902.10
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.0717
  • Longitude: -74.1019

    Address

  • Full Address: 208 Arrowhead Park Dr
  • Address - House Number: 208
  • Address - Street Name: Arrowhead Park
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C001
  • 4-Digit Zip Code: 3833
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $576,564

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 475,205
  • High Value: 576,702
  • Low Value: 373,708

    Market Valuation

  • Market Total Value: $236,200
  • Market Land Value: $130,000
  • Market Improvement Value: $106,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,200
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $106,200

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019069520
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

4265 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 2305 Oak Tree Road, Point Pleasant, NJ, 08742

$3,800 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Louisa Sagarese, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21919412
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 208 Arrowhead Park Drive built and last sold?
The property at 208 Arrowhead Park Drive was built in 1957 and last sold on Jul 19, 2019 for $282,500.
How much is this home worth?
The estimated value of the home located at 208 Arrowhead Park Drive is $0.
What are some comparable homes to 208 Arrowhead Park Drive?
There are currently no comparable homes to 208 Arrowhead Park Drive.
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