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Ocean
418 Winding Way
$515,000
● House - Off Market

418 Winding Way

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
$453,503
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

North Lake Riviera Gem! Beautiful 3 Bedroom 2 Full Bath Sprawling Ranch! This lovely ranch offers a nice open living area including gorgeous hardwood flooring throughout the home, Living Room with a gas fireplace, Open and airy Kitchen with full appliance package, Dining Room with vaulted ceilings, skylites and sliders to the back yard deck, Family room with tile flooring and doorway leading to the backyard, Large oversized 2 car garage. Beautiful backyard with decking and plenty of room for a pool.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$543
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: 3 years ago (MOMLS #22207906)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by Weichert Realtors-Jackson $450,000
Listed by Weichert Realtors-Jackson

Property Highlights

Garage
Air Conditioning
Fireplace

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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,575
  • Total Building Area: 1,753
  • Building Area: 1,753
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,753
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 34.1
  • Account Number: 00310092
  • District: 07
  • Parcel: 07 00400- 04-00006
  • Block: 400.04
  • Lot: 6
  • Municipality: BRICK TWP
  • Latitude: 40.0483
  • Longitude: -74.1555

    Address

  • Full Address: 418 Winding Way
  • Address - House Number: 418
  • Address - Street Name: Winding
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Brick
  • Carrier Code: C002
  • 4-Digit Zip Code: 4916
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $665,598

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 493,989
  • High Value: 598,536
  • Low Value: 389,442

    Market Valuation

  • Market Total Value: $274,700
  • Market Land Value: $134,400
  • Market Improvement Value: $140,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,700
  • Assessed Land Value: $134,400
  • Assessed Improvements Value: $140,300

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 58513
  • Previous Sale Recording Date: Jul 14, 2008
  • Previous Sale Contract Date: Jun 27, 2008
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 12
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 305 Spirit Way, Brick, NJ, 08723

$3,600 /mo

  • 3 Beds
  • 3 Baths
305 Spirit Way, Brick, NJ, 08723 Listing by Lisa M Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Eva Ling, Weichert Realtors-Jackson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22207906
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 418 Winding Way built and last sold?
The property at 418 Winding Way was built in 1965 and last sold on May 9, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 418 Winding Way is $454,500.
What are some comparable homes to 418 Winding Way?
There are currently no comparable homes to 418 Winding Way.
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