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Ocean
41 Cumberland Drive
$275,000
● House - Off Market

41 Cumberland Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$447,422
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Wow, what a house. Beautiful tastefully updated kitchen with extensive center island, stunning cabinetry and granite counters. A great place to have family gatherings and entertaining. Gleaming hardwood floors, open floor plan, 2.5 baths! House has been done in beautiful colors and shows very well. Turn key - just unpack and you're home! Nice location close to all amenities. Less than 5 minute walk to beautiful community park!  This is a great house and one not to be missed. NOT IN A FLOOD ZONE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1995

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: 3 years ago (MOMLS #21712657)

Price History

Date / Event Date Event Price
Jul 24, 2017 Sold
Premium
Sold
Apr 1, 2017 Listed by Gloria Nilson & Co. Real Estate $279,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L24,25

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714300

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 21.1
  • Account Number: 00103261
  • District: 07
  • Parcel: 07 00209- 30-00023
  • Block: 209.30
  • Lot: 23
  • Municipality: BRICK TWP
  • Latitude: 40.0278
  • Longitude: -74.0989

    Address

  • Full Address: 41 Cumberland Dr
  • Address - House Number: 41
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C041
  • 4-Digit Zip Code: 7538
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $609,142

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 488,124
  • High Value: 584,931
  • Low Value: 391,317

    Market Valuation

  • Market Total Value: $251,400
  • Market Land Value: $127,000
  • Market Improvement Value: $124,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,400
  • Assessed Land Value: $127,000
  • Assessed Improvements Value: $124,400

    Sales

  • Current Sale Contract Date: Apr 02, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017078051
  • Previous Sale Recording Date: Jan 18, 2007
  • Previous Sale Contract Date: Jan 15, 2007
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

28.8 years

Currently For Sale

4270 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 43 Topsail Road, Brick, NJ, 08723

$3,250 /mo

  • 3 Beds
  • 2 Baths
43 Topsail Road, Brick, NJ, 08723 Listing by Jeffrey Prontnicki

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan M Cowan, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21712657
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 41 Cumberland Drive built and last sold?
The property at 41 Cumberland Drive was built in 1995 and last sold on Apr 2, 2017 for $275,000.
How much is this home worth?
The estimated value of the home located at 41 Cumberland Drive is $0.
What are some comparable homes to 41 Cumberland Drive?
There are currently no comparable homes to 41 Cumberland Drive.
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