$329,000
●
Property -
Off Market
4 Springhill Drive
Brick, NJ 08724
Studio
2 Baths
1,463 Ft²
$409,104
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
This bright and spacious Covington model boasts an enormous
eat-in-kitchen with center island and breakfast nook. Hugh
living room-dining room combo complete with gas fireplace and
skylights. SOLID HARDWOOD FLOORS, Light Oak, in foyer, living
room, dining room, and hallways. Sunroom with ceramic floor
is four season. Timberland Roof 5 Yrs Old. Club house
with many amenities including heated pool, gym, tennis, bocce, game
room and many social clubs. Low maintenance $115 a month.
Princeton Commons is one of the most sought after adult
communities in Ocean County. Walk to Windward Beach, 8
minutes to ocean and boardwalk, Minutes to Rt. 70 and Parkway.
Unit Size
1,463 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$225
Property Type
Property
Property Taxes
$455
HOA Dues
$115
Year Built
1991
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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 #22100051)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 1, 2021 | Listed by C21/ Lawrence Realty | $329,000 | |
| Listed by C21/ Lawrence Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Asphalt, Driveway, On Street, Workshop in Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Skylight, Sliding Door, Recessed Lighting
Rooms: 9
Has Fireplace
Fireplaces: 1
None
Exterior Details
Year Built: 1991
Parcel Number: 07-00870-06-00002
Exclusions: Personal items. Washer only does half a load at a time.
Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Attic Fan, Garage Door Opener, Gas Cooking, Humidifier
Exterior Features: Porch - Open, Sprinkler Under, Storm Door(s), Swimming, Porch - Covered, Lighting, Tennis Court(s)
Roof: Timberline
Architectural Style: Ranch
Pool Features: Common, Covered, Fenced, Heated, In Ground
Lot Size Dimensions: 50 x 100
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $231,600
Tax Year: 2020
Tax Annual Amount: $5,463
Association Fee Includes: Common Area, Lawn Maintenance, Pool, Rec Facility, Snow Removal
Association Amenities: Tennis Court, Association, Exercise Room, Shuffleboard, Community Room, Common Access, Swimming, Pool, Basketball Court, Clubhouse, Common Area, Landscaping, Bocci
Association Fee: $115
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/01/2021
| |
Loft
|
2 Bath
|
1463 ft²
|
$329,000
Loft
2 Bath
1463 ft²
|
$329,000
03/05/2021
|
Mary Corcoran
C21/ Lawrence Realty
|
|
05/06/2012
| |
Loft
|
2 Bath
|
-
|
$249,900
Loft
2 Bath
|
$220,000
-11.96%
09/14/2012
|
Ruth Anne Bearce
Pecora Realtors
|
Building Info
About Ocean
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Listed by: Mary Corcoran, C21/ Lawrence Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22100051
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22100051
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