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Ocean 08724
209 Folsom Drive
$345,000
● House - Off Market

209 Folsom Drive

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,063 Ft²
$703,484
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

This stunning 4 bedroom Colonial w/custom eat-in kitchen w/Corion counter & center island w/wine refrigerator, ceramic floors & stainless appl package. Open to kitchen is open dining area to gather with family & friends. Relax in the large family rm. 2.5 Custom tiled bath rm. All bedrooms are spacious in size while master has custom full bath. Large landscaped property for all back yard activities. Room for pool. recently appraised 380k. Not in flood zone. New central A/C. Home Protection plan
Unit Size
2,063 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
2005

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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 #21312392)

Price History

Date / Event Date Event Price
Feb 5, 2014 Sold
Premium
Sold
Apr 13, 2013 Listed by Weichert Realtors-Brick $365,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,606
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MINOR SUBDIVISION COASTLINE CUSTOM HOMES
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 55.3
  • Account Number: 00518438
  • District: 07
  • Parcel: 07 01031-0000-00054- 01
  • Block: 1031
  • Lot: 54.01
  • Municipality: BRICK TWP
  • Latitude: 40.0754
  • Longitude: -74.1099

    Address

  • Full Address: 209 Folsom Dr
  • Address - House Number: 209
  • Address - Street Name: Folsom
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C016
  • 4-Digit Zip Code: 3221
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,725

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 605,769
  • High Value: 732,897
  • Low Value: 478,641

    Market Valuation

  • Market Total Value: $292,800
  • Market Land Value: $113,400
  • Market Improvement Value: $179,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,800
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $179,400

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2014
  • Current Sale Recording Date: Feb 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014013176
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Sep 29, 2005
  • Previous Sale Amount: $424,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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MOMMLS

Listed by: Janice A Nagel Van Bel, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21312392
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 209 Folsom Drive built and last sold?
The property at 209 Folsom Drive was built in 2005 and last sold on Jan 31, 2014 for $345,000.
How much is this home worth?
The estimated value of the home located at 209 Folsom Drive is $0.
What are some comparable homes to 209 Folsom Drive?
There are currently no comparable homes to 209 Folsom Drive.
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