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Ocean
468 Irisado Drive
$204,500
● House - Off Market

468 Irisado Drive

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
2,066 Ft²
$345,011
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

BACK ON THE MARKET AND READY TO GO! BANK SUGGESTED LIST PRICE! Large Bi Level on 100x150 lot with TONS of potential in the Lake Riviera section of Brick! SPACIOUS Eat In Kitchen with plenty of counter and cabinet space. Hardwood Floors throughout the main floor. Spacious BR's, 4th Bedroom and Family Room on ground level with sliders to large fenced yard, and 2 car oversized garage. M/D Potential, oversized 2 car garage, large fenced yard, and a HUGE driveway.
Unit Size
2,066 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1967

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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 #21629231)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Jul 22, 2016 Listed by RE/MAX at Barnegat Bay - Forked River $214,900
Listed by RE/MAX at Barnegat Bay - Forked River
BACK ON THE MARKET!!! BANK SUGGESTED LIST PRICE!!! Large Bi Level on 100x150 lot with TONS of potential in the Lake Riviera section! Huge Eat In Kitchen with plenty of counter and cabinet space. Hardwood Floors throughout the main floor. Spacious BR's....4th BR and Family Room on ground level with sliders to large fenced yard, two car oversized garage.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,066
  • Building Area: 2,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 00310273
  • District: 07
  • Parcel: 07 00446- 02-00002
  • Block: 446.02
  • Lot: 2
  • Municipality: BRICK TWP
  • Latitude: 40.0494
  • Longitude: -74.1434

    Address

  • Full Address: 468 Irisado Dr
  • Address - House Number: 468
  • Address - Street Name: Irisado
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C076
  • 4-Digit Zip Code: 5018
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $650,576

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 486,659
  • High Value: 595,984
  • Low Value: 377,334

    Market Valuation

  • Market Total Value: $268,500
  • Market Land Value: $125,500
  • Market Improvement Value: $143,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,500
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 127819
  • Previous Sale Recording Date: Oct 13, 2020
  • Previous Sale Contract Date: Sep 26, 2020
  • Previous Sale Document Type: 40
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

1595 ft²

Average Home Age

29 years

Currently For Sale

4297 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: Kim D'Addario, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21629231
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 468 Irisado Drive built and last sold?
The property at 468 Irisado Drive was built in 1967 and last sold on Dec 2, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 468 Irisado Drive is $240,993.
What are some comparable homes to 468 Irisado Drive?
There are currently no comparable homes to 468 Irisado Drive.
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