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Ocean 08724
565 Robinhood Road
$504,500
● House - Off Market

565 Robinhood Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,293 Ft²
$534,045
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This 4 bedroom, 2.5 bath spacious, two-story home is waiting for you to make it your own!  Located in the highly desirable Midstreams section of Brick, there is optional membership in the Midstreams Property Owners Association (MPOA) with social events, park, & potential marina access!  In addition to a first-floor master suite, this home boasts an open floor plan, plenty of closet space, woodburning fireplace, & large deck.  Lots of natural light & plenty of room for entertaining!  Conveniently located near beaches, restaurants, shopping, & highways.
Unit Size
2,293 Ft²
Days on Market
154 days
Land Size
0.25 acres
Price per sqft
$229
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1987

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: 2 years ago (MOMLS #22234817)

Price History

Date / Event Date Event Price
Apr 12, 2023 Sold
Premium
Sold
Nov 9, 2022 Listed by Diane Turton, Realtors-Brick $524,900
Listed by Diane Turton, Realtors-Brick

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,698
  • Total Building Area: 2,293
  • Building Area: 2,293
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,293
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 53.1
  • Account Number: 00521033
  • District: 07
  • Parcel: 07 00965-0000-00023
  • Block: 965
  • Lot: 23
  • Municipality: BRICK TWP
  • Latitude: 40.0628
  • Longitude: -74.0859

    Address

  • Full Address: 565 Robinhood Rd
  • Address - House Number: 565
  • Address - Street Name: Robinhood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C063
  • 4-Digit Zip Code: 4748
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $833,602

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 654,176
  • High Value: 791,101
  • Low Value: 517,251

    Market Valuation

  • Market Total Value: $341,500
  • Market Land Value: $169,900
  • Market Improvement Value: $171,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,500
  • Assessed Land Value: $169,900
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 30997
  • Previous Sale Recording Date: Apr 26, 1996
  • Previous Sale Contract Date: Apr 17, 1996
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 27
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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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: Karyn Cusanelli, Diane Turton, Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22234817
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 565 Robin Hood Road built and last sold?
The property at 565 Robin Hood Road was built in 1987 and last sold on Apr 12, 2023 for $504,500.
How much is this home worth?
The estimated value of the home located at 565 Robin Hood Road is $542,697.
What are some comparable homes to 565 Robin Hood Road?
There are currently no comparable homes to 565 Robin Hood Road.
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