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Monmouth 07712
26 Middlebrook Drive
$10,000
● Land - Off Market

26 Middlebrook Drive

Ocean Twp, NJ 07712
bedrooms
Studio
bathrooms
0 Bath
$10,970
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

It is unlikely that this property can be developed without a variance and it cannot be sold subject to any approvals. But the rewards are great if you succeed. These pieces of land are all part of an Estate and its Agents and Representatives have no additional information other than what is included in this listing. We do not have a Survey. These are speculative purchases. Interested parties are urged to do their own research before submitting offers. The Seller cannot provide any financing.
Unit Size
-
Days on Market
63 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$49
HOA Dues
-
Year Built
-

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: 2 years ago (MOMLS #22313879)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
May 22, 2023 Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake $11,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,112
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 640
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000232
  • Standard Land Use Code: 8000
  • County Land Use Code: 1

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806504

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 62
  • District: 37
  • Parcel: 37 00175-0000-00009
  • Block: 175
  • Lot: 9
  • Municipality: OCEAN TWP
  • Latitude: 40.2451
  • Longitude: -74.0524

    Address

  • Full Address: 26 Middlebrook Dr
  • Address - House Number: 26
  • Address - Street Name: Middlebrook
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C029
  • 4-Digit Zip Code: 3422
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,800

    Market Valuation

  • Market Total Value: $30,700
  • Market Land Value: $30,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,700
  • Assessed Land Value: $30,700

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52653
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 Monmouth

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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 1314 Laurel Avenue, Ocean Twp, NJ, 07712

$2,000 /mo

  • 2 Beds
  • 1 Bath
1314 Laurel Avenue, Ocean Twp, NJ, 07712 Listing by Kathleen McDonough

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Brian M Church, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22313879
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 26 Middlebrook Drive built and last sold?
The property at 26 Middlebrook Drive was built in and last sold on Jul 27, 2023 for $10,000.
How much is this home worth?
The estimated value of the home located at 26 Middlebrook Drive is $11,110.
What are some comparable homes to 26 Middlebrook Drive?
There are currently no comparable homes to 26 Middlebrook Drive.
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