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Ocean
668 Preston Street
$309,000
● House - Off Market

668 Preston Street

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$613,398
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Come and see this beautiful renovated and updated 3 bedroom 2.5 bathroom Colonial with open floor plan, heated in ground pool, gleaming hardwood floors, brand new (8/2014)kitchen appliances, vaulted ceilings, exquisite master bath, located on a quiet Cul-de-sac, in a great family neighborhood. Sparkling clean, move in ready, freshly painted throughout, aggressively priced for a quick sale and closing. Want to be in before the holidays then see it quickly, you will love all the upgrades.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1992

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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 #21433003)

Price History

Date / Event Date Event Price
Jan 5, 2015 Sold
Premium
Sold
Aug 13, 2014 Listed by Veltri & Associates, Realtors $329,000
Listed by Veltri & Associates, Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 10,110
  • Total Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714300

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 18.2
  • Account Number: 00104353
  • District: 07
  • Parcel: 07 00194- 98-00009
  • Block: 194.98
  • Lot: 9
  • Municipality: BRICK TWP
  • Latitude: 40.0397
  • Longitude: -74.1001

    Address

  • Full Address: 668 Preston St
  • Address - House Number: 668
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Brick
  • Carrier Code: C029
  • 4-Digit Zip Code: 6448
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $736,349

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 566,363
  • High Value: 688,704
  • Low Value: 444,021

    Market Valuation

  • Market Total Value: $303,900
  • Market Land Value: $136,400
  • Market Improvement Value: $167,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,900
  • Assessed Land Value: $136,400
  • Assessed Improvements Value: $167,500

    Sales

  • Current Sale Contract Date: Jan 05, 2015
  • Current Sale Recording Date: Jan 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015006235
  • Previous Sale Recording Date: May 12, 2014
  • Previous Sale Contract Date: Apr 28, 2014
  • Previous Sale Amount: $226,000
  • Previous Sale Document Type: 68
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

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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 97 Metedeconk Road, Brick, NJ, 08723

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
97 Metedeconk Road, Brick, NJ, 08723 Listing by Marie Gentile

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donald J McKeon Jr., Veltri & Associates, Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21433003
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 668 Preston Street built and last sold?
The property at 668 Preston Street was built in 1992 and last sold on Jan 5, 2015 for $309,000.
How much is this home worth?
The estimated value of the home located at 668 Preston Street is $0.
What are some comparable homes to 668 Preston Street?
There are currently no comparable homes to 668 Preston Street.
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