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Ocean 08724
446 Rhode Island Avenue
$246,000
● House - Off Market

446 Rhode Island Avenue

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$398,663
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

MOVE RIGHT IN!! GREAT HERBERTSVILLE RANCH SITUATED ON A DEAD END STREET THAT LEADS TO A BEAUTIFUL TRAIL WITH HERBERTSVILLE PARK AROUND THE CORNER. THIS WELL MAINTAINED HOME FEATURES 3 BEDROOMS, 1 FULL BATH, LIVING, DINING ROOM AND KITCHEN. ALMOST EVERYTHING HAS BEEN REPLACED WITHIN THE LAST 11 YEARS, PELLA WINDOWS, STEEL DOORS, TANKLESS HWH, SIDING, ROOF, WASHER & DRYER PLUS SO MUCH MORE! 5 ZONE HUNTER IRRIGATION SYSTEM, GENERATOR HOOK-UP, KENTUCKY BLUE GRASS SOD AND LARGE WALK-IN SHED. ENJOY THE HUGE BACKYARD WITH CONCRETE PATIO & PRIVACY GALORE. CLOSE TO ALL TRANSPORTATION,SHOPPING BEACHES AND SCHOOLS. A MUST SEE!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1970

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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 #21712478)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
Apr 2, 2017 Listed by Weichert Realtors-Brick $250,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L94-96

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 68.1
  • Account Number: 00726209
  • District: 07
  • Parcel: 07 01388- 27-00093
  • Block: 1388.27
  • Lot: 93
  • Municipality: BRICK TWP
  • Latitude: 40.1029
  • Longitude: -74.1181

    Address

  • Full Address: 446 Rhode Island Ave
  • Address - House Number: 446
  • Address - Street Name: Rhode Island
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: R001
  • 4-Digit Zip Code: 1426
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,246

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 424,869
  • High Value: 517,651
  • Low Value: 332,088

    Market Valuation

  • Market Total Value: $223,500
  • Market Land Value: $130,500
  • Market Improvement Value: $93,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,500
  • Assessed Land Value: $130,500
  • Assessed Improvements Value: $93,000

    Sales

  • Current Sale Contract Date: Aug 01, 2017
  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017086739
  • Previous Sale Recording Date: Oct 17, 2006
  • Previous Sale Contract Date: Oct 06, 2006
  • Previous Sale Amount: $269,000
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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 129 Poplar Way, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,660 ft²
129 Poplar Way, Brick, NJ, 08724 Listing by Jessica Gross
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rachel Guarino, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21712478
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 446 Rhode Island Avenue built and last sold?
The property at 446 Rhode Island Avenue was built in 1970 and last sold on Aug 1, 2017 for $246,000.
How much is this home worth?
The estimated value of the home located at 446 Rhode Island Avenue is $0.
What are some comparable homes to 446 Rhode Island Avenue?
There are currently no comparable homes to 446 Rhode Island Avenue.
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