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Ocean
452 Lafayette Drive
$285,000
● House - Off Market

452 Lafayette Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,504 Ft²
$506,302
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

IF YOU ARE LOOKING FOR A SPRAWLING RANCH WITH A VERY NICE AND COMFORTABLE LAYOUT PLEASE CONSIDER THIS THE HOME FOR YOU. LOCATED IN NORTH LAKE RIVIERA SECTION OF BRICK THIS HOME HAS A 1 CAR ATTACHED GARAGE AND A LARGE YARD FOR YOUR ENJOYMENT. HOME IS ALSO EQUIPPED WITH A LAUNDRY ROOM, LARGE FAMILY ROOM LEADING TO YOUR YARD PATIO. ALL HARDWOOD FLOORS IN MOST ROOMS, LAMINATE IN KITCHEN AND FAMILY ROOMS. MAKE YOUR APPT TODAY.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
$440
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: 2 years ago (MOMLS #21725080)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
Jun 24, 2017 Listed by Diane Turton, Realtors-Brick $317,500
Listed by Diane Turton, Realtors-Brick

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 34.4
  • Account Number: 00310494
  • District: 07
  • Parcel: 07 00446- 17-00008
  • Block: 446.17
  • Lot: 8
  • Municipality: BRICK TWP
  • Latitude: 40.0539
  • Longitude: -74.1477

    Address

  • Full Address: 452 Lafayette Dr
  • Address - House Number: 452
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C002
  • 4-Digit Zip Code: 5053
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $586,850

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 466,875
  • High Value: 567,726
  • Low Value: 366,024

    Market Valuation

  • Market Total Value: $242,200
  • Market Land Value: $123,100
  • Market Improvement Value: $119,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,200
  • Assessed Land Value: $123,100
  • Assessed Improvements Value: $119,100

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017087627
  • Previous Sale Recording Date: Jul 24, 2006
  • Previous Sale Contract Date: Jun 21, 2006
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 12

    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

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3040 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 104 Celebration Boulevard, Brick, NJ, 08723

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,920 ft²
104 Celebration Boulevard #104, Brick, NJ, 08723 Listing by Niraj Parikh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christopher Carbonaro, Diane Turton, Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21725080
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 452 Lafayette Drive built and last sold?
The property at 452 Lafayette Drive was built in 1970 and last sold on Aug 16, 2017 for $285,000.
How much is this home worth?
The estimated value of the home located at 452 Lafayette Drive is $0.
What are some comparable homes to 452 Lafayette Drive?
There are currently no comparable homes to 452 Lafayette Drive.
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