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Ocean
211 Arizona Drive
$370,000
● House - Off Market

211 Arizona Drive

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$485,153
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome to a beautiful colonial home in wonderful Lake Riviera.  This home has been recently upgraded to include  New Kitchen and bathrooms, Hardwood floors all redone,  freshly painted with decorative molding.  This home offers 4 bedrooms and two and a half baths.  The large yard is all enclosed in the rear, the inground   pool will be an enjoyable feature as the weather heats up.  Contact your realtor today for a private showing. Nothing to do except move right in!  Owner can accommodate a quick closing.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1987

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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: 2 years ago (MOMLS #22018025)

Price History

Date / Event Date Event Price
Jul 22, 2020 Sold
Premium
Sold
Jun 5, 2020 Listed by Veltri & Associates, Realtors $349,900
Listed by Veltri & Associates, Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 11,050
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • 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: 00309013
  • District: 07
  • Parcel: 07 00382- 11-00002
  • Block: 382.11
  • Lot: 2
  • Municipality: BRICK TWP
  • Latitude: 40.0357
  • Longitude: -74.1543

    Address

  • Full Address: 211 Arizona Dr
  • Address - House Number: 211
  • Address - Street Name: Arizona
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C067
  • 4-Digit Zip Code: 7155
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $715,997

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 517,977
  • High Value: 629,867
  • Low Value: 406,088

    Market Valuation

  • Market Total Value: $295,500
  • Market Land Value: $132,900
  • Market Improvement Value: $162,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,500
  • Assessed Land Value: $132,900
  • Assessed Improvements Value: $162,600

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020079785
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: Apr 29, 2019
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: 64
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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1583 ft²

Average Home Age

32.4 years

Currently For Sale

3037 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 104 Celebration Boulevard, Brick, NJ, 08723

$3,800 /mo

  • 4 Beds
  • 4 Baths
  • 1,920 ft²
104 Celebration Boulevard #104, Brick, NJ, 08723 Listing by Niraj Parikh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donald J McKeon Jr., Veltri & Associates, Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22018025
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 211 Arizona Drive built and last sold?
The property at 211 Arizona Drive was built in 1987 and last sold on Jul 20, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 211 Arizona Drive is $0.
What are some comparable homes to 211 Arizona Drive?
There are currently no comparable homes to 211 Arizona Drive.
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