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Ocean
348 Evergreen Drive
$222,000
● House - Off Market

348 Evergreen Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,254 Ft²
$352,996
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Riviera Ranch! This home is perfect for anyone looking to be in ''Lake Riviera'' section of Brick. Hardwood floors through-out except kitchen which has new flooring to be put in, nice size yard for all your outdoor entertaining. Relax and enjoy all the great amenities Lake Riviera  has to offer. Stop at the park and take in all in! Close to all highways, schools, shopping and beaches.
Unit Size
1,254 Ft²
Days on Market
50 days
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1965

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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 #21624939)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Jun 23, 2016 Listed by Coldwell Banker Riviera Realty $209,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,230
  • Garage Type: 7
  • Parking Space Count: 1
  • 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: 1,254
  • Building Area: 1,254
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,254
  • 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
  • Legal Description 1: ADDITIONAL LOTS: L14,15

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 33.3
  • Account Number: 00309713
  • District: 07
  • Parcel: 07 00383- 26-00013
  • Block: 383.26
  • Lot: 13
  • Municipality: BRICK TWP
  • Latitude: 40.0441
  • Longitude: -74.1526

    Address

  • Full Address: 348 Evergreen Dr
  • Address - House Number: 348
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C078
  • 4-Digit Zip Code: 4924
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $683,286

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 344,109
  • High Value: 421,411
  • Low Value: 266,807

    Market Valuation

  • Market Total Value: $282,000
  • Market Land Value: $130,000
  • Market Improvement Value: $152,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,000
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $152,000
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

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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
  • 2 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: Denise Koste, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21624939
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 348 Evergreen Drive built and last sold?
The property at 348 Evergreen Drive was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 348 Evergreen Drive is $0.
What are some comparable homes to 348 Evergreen Drive?
There are currently no comparable homes to 348 Evergreen Drive.
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