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Ocean 08724
508 Carroll Fox Road
$420,000
● House - Off Market

508 Carroll Fox Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$496,207
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

GREAT LOCATION ON THIS WELL MAINTAINED EXPANDED HOME ON A HUGE LOT IS GREAT FOR ENTERTAINING - LOCATED IN ''MIDSTREAMS SECTION'' WITH NEARBY PARK, MARINA AND BOAT RAMP THIS HOME FEATURES - LARGE LIVING ROOM - FORMAL DINING ROOM - MASTER BEDROOM ON 1ST FLOOR ALONG W/ A  FULL BATHROOM AND A HALF BATH - AN ADDITIONAL BEDROOM AND A DEN AREA W/ SLIDERS THAT LEAD TO WOOD DECK AND HOT TUB IS INCLUDED - UPSTAIRS FEATURES 2 MORE BEDROOMS AND ANOTHER FULL BATH - DETACHED OVERSIZED GARAGE AND YARD THAT IS MADE FOR ENTERTAINING W/ PATIOS - PICNIC TABLES - BURIED POOL W/ DECK AND AN ENCLOSED BAR AREA - FIREPLACE - SHED - GARDENS - AND MUCH MUCH MORE - WALKING DISTANCE TO LOCAL MARINA - PARK AND A BOAT RAMP IS AVAILABLE RIGHT DOWN THE STREET -- GREAT HOUSE - GREAT YARD - GREAT LOCATION
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1950

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 #22233585)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Oct 28, 2022 Listed by Lighthouse Realty of NJ, LLC $474,900
Listed by Lighthouse Realty of NJ, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 18,748
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L48-51

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713700

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 53.1
  • Account Number: 00517710
  • District: 07
  • Parcel: 07 00955- 01-00047
  • Block: 955.01
  • Lot: 47
  • Municipality: BRICK TWP
  • Latitude: 40.0603
  • Longitude: -74.0911

    Address

  • Full Address: 508 Carroll Fox Rd
  • Address - House Number: 508
  • Address - Street Name: Carroll Fox
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C011
  • 4-Digit Zip Code: 4607
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631,487

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 476,573
  • High Value: 519,541
  • Low Value: 433,605

    Market Valuation

  • Market Total Value: $258,700
  • Market Land Value: $166,400
  • Market Improvement Value: $92,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,700
  • Assessed Land Value: $166,400
  • Assessed Improvements Value: $92,300

    Sales

  • Current Sale Contract Date: Feb 07, 2022
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13893
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

0.23%

Average Days on Market

74

Average Home Size

1598 ft²

Average Home Age

38.1 years

Currently For Sale

2976 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 437 Adamston Road, Brick, NJ, 08723

$4,500 /mo

  • 3 Beds
  • 2 Baths
437 Adamston Road, Brick, NJ, 08723 Listing by Dawn M White

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Vincent Alu, Lighthouse Realty of NJ, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22233585
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 508 Carroll Fox Road built and last sold?
The property at 508 Carroll Fox Road was built in 1950 and last sold on Feb 7, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 508 Carroll Fox Road is $479,649.
What are some comparable homes to 508 Carroll Fox Road?
There are currently no comparable homes to 508 Carroll Fox Road.
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