$220,000
●
Property -
Off Market
4 Springhill Drive
Brick, NJ 08724
Studio
2 Baths
$539,254
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model
About This Property
Desireable Covington Model with all newer hardwood flooring
throughout home plus screened in porch w/heat and A/C for use all
year long...backs up to private wooded area! All newer window
treatments; complete appliance package...skylights; recessed
lighting; gas fireplace and more...lovely home all ready to just
move in & unpack! Community offers inground pool & Recreational
Facility! Close to other amenities including shops, beaches &
more!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Property
Property Taxes
$385
HOA Dues
$105
Year Built
1991
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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 #21217274)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2012 | Sold | ||
| Sold | |||
| May 6, 2012 | Listed by Pecora Realtors | $249,900 | |
| Listed by Pecora Realtors | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, On Street, Direct Access
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Attic - Pull Down Stairs, Skylight, Sliding Door, Recessed Lighting
Flooring Type: Ceramic Tile, Wood
Rooms: 9
Has Fireplace
Fireplaces: 1
Exterior Details
Year Built: 1991
Parcel Number: 0700870000000002
Exclusions: PERSONAL POSSESSIONS!
Inclusions: Outdoor Lighting, Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
Exterior Features: Porch - Enclosed, Lighting
Foundation Details: Slab
Roof: Shingle
Architectural Style: Ranch
Lot Size Dimensions: 50' X 100'
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $231,600
Tax Year: 2011
Tax Annual Amount: $4,618
Association Fee Includes: Trash, Common Area, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
Association Amenities: Association
Association Fee: $105
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: Ruth Anne Bearce, Pecora Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21217274
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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: 2 years ago
Data Source: MOMMLS, MLS# 21217274
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