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Ocean 08724
556 Albermarle Road
$650,000
● House - Off Market

556 Albermarle Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,776 Ft²
$752,928
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Spectacular opportunity in one of the most desirable neighborhoods at the Shore! Gorgeous custom Dutch Colonial set upon a half acre of lush landscaping and mature trees, completely private while enjoying your in-ground salt water pool and cabana! The backyard is an oasis that must be seen to be appreciated! Inside you'll find over 2,700 sq. ft. of comfortable open floor plan living w/ recently remodeled kitchen & bathrooms. Dramatic Great Room has vaulted ceilings & skylights for maximum natural light & a 1st Floor Bedroom w/ full bathroom provides flexible accommodations for guests. Finished Basement allows for extra space for the kids and/or fitness room. Pride of ownership is apparent: New Roof (2 yrs), Newer Furnace & AC (5 years), Pool all redone in 2016! Don't delay on this one!
Unit Size
2,776 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$241
Property Type
House
Property Taxes
$863
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22127776)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Aug 20, 2021 Listed by Coldwell Banker Realty $669,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,120
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,800
  • Total Building Area: 2,776
  • Building Area: 2,776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,776
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713201

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 67.4
  • Account Number: 00725279
  • District: 07
  • Parcel: 07 01385- 04-00015
  • Block: 1385.04
  • Lot: 15
  • Municipality: BRICK TWP
  • Latitude: 40.1114
  • Longitude: -74.1012

    Address

  • Full Address: 556 Albermarle Rd
  • Address - House Number: 556
  • Address - Street Name: Albermarle
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C038
  • 4-Digit Zip Code: 1115
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,072,207

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 772,666
  • High Value: 933,828
  • Low Value: 611,504

    Market Valuation

  • Market Total Value: $437,100
  • Market Land Value: $150,400
  • Market Improvement Value: $286,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,100
  • Assessed Land Value: $150,400
  • Assessed Improvements Value: $286,700

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021167659
  • Previous Sale Recording Date: Sep 22, 2010
  • Previous Sale Contract Date: Mar 01, 2010
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

1597 ft²

Average Home Age

29.2 years

Currently For Sale

4406 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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Gregory M Rice, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22127776
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 556 Albermarle Road built and last sold?
The property at 556 Albermarle Road was built in 1978 and last sold on Oct 20, 2021 for $650,000.
How much is this home worth?
The estimated value of the home located at 556 Albermarle Road is $0.
What are some comparable homes to 556 Albermarle Road?
There are currently no comparable homes to 556 Albermarle Road.
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