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Ocean
266 Texas Drive
$319,000
● House - Off Market

266 Texas Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,550 Ft²
$567,930
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Wonderfully kept  3 bedroom, 3 bathroom home in Lake Riviera. Large 1400 sq foot basement with radiant heat. Great additional space. Home sits on a large property, home featuring a 2 car garage, wood fireplace. Enjoy the Hardwood through out home. There are plenty of closets for all your things as well as a great eat in kitchen with granite counter tops and stainless steel appliances. Additional features are newer roof, fenced in yard and beautiful in-ground pool. Large living room and dining room great for entertaining.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1975

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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 #21513130)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Apr 10, 2015 Listed by EXIT Realty Jersey Shore $319,000
Listed by EXIT Realty Jersey Shore

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,283
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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 32.1
  • Account Number: 00208367
  • District: 07
  • Parcel: 07 00382- 25-00005
  • Block: 382.25
  • Lot: 5
  • Municipality: BRICK TWP
  • Latitude: 40.0384
  • Longitude: -74.1461

    Address

  • Full Address: 266 Texas Dr
  • Address - House Number: 266
  • Address - Street Name: Texas
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C065
  • 4-Digit Zip Code: 6519
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,067

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 511,498
  • High Value: 621,989
  • Low Value: 401,008

    Market Valuation

  • Market Total Value: $288,100
  • Market Land Value: $134,500
  • Market Improvement Value: $153,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,100
  • Assessed Land Value: $134,500
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Jun 19, 2015
  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015062490
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

4260 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

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MOMMLS

Listed by: Sharon Miranda, EXIT Realty Jersey Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21513130
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 266 Texas Drive built and last sold?
The property at 266 Texas Drive was built in 1975 and last sold on Jun 19, 2015 for $319,000.
How much is this home worth?
The estimated value of the home located at 266 Texas Drive is $332,008.
What are some comparable homes to 266 Texas Drive?
There are currently no comparable homes to 266 Texas Drive.
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