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Ocean
7 Hollywood Drive
$265,000
● House - Off Market

7 Hollywood Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
$396,277
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Welcome to HOLLYWOOD! Starring a Lovely 3 Bedroom- 2 FULL Bath Rancher situated on oversized corner lot in Birchwood Park.  Attached 1 car garage, double wide concrete driveway. Mature foliage abounds. Open Living Area features functional kitchen replete with a Breakfast Bar, gas stove +newer dishwasher. Dining Area + living room feature Bay windows and easy care laminate flooring.  Master Bedrm has On -Suite Full Bath. Room off Dining area boasts Custom Built-in Cabinetry with desk area. Relax in Enclosed outdoor Porch overlooking yard. Other features: Vinyl Fenced in Yard,  storage sheds, 2 attics, architectural roof,decorative jamb molding, raised paneled doors.  Close to Schools, Stores,Library,Town Hall  + GS Parkway.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1957

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 #21924331)

Price History

Date / Event Date Event Price
Feb 14, 2020 Sold
Premium
Sold
Jun 11, 2019 Listed by Real Estate, LTD $274,500
Listed by Real Estate, LTD

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • 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: 12,998
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713402

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 41.1
  • Account Number: 00413136
  • District: 07
  • Parcel: 07 00701- 04-00001
  • Block: 701.04
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.064
  • Longitude: -74.1482

    Address

  • Full Address: 7 Hollywood Dr
  • Address - House Number: 7
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C020
  • 4-Digit Zip Code: 3421
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,436

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 435,118
  • High Value: 524,133
  • Low Value: 346,104

    Market Valuation

  • Market Total Value: $236,100
  • Market Land Value: $125,100
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,100
  • Assessed Land Value: $125,100
  • Assessed Improvements Value: $111,000

    Sales

  • Current Sale Contract Date: Feb 14, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020018605
  • Previous Sale Recording Date: Apr 26, 1990
  • Previous Sale Contract Date: Apr 26, 1990
  • Previous Sale Amount: $115,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

28.8 years

Currently For Sale

4270 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

Rentals Near You

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MOMMLS

Listed by: Janet P Strzalkowski, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21924331
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 7 Hollywood Drive built and last sold?
The property at 7 Hollywood Drive was built in 1957 and last sold on Feb 14, 2020 for $265,000.
How much is this home worth?
The estimated value of the home located at 7 Hollywood Drive is $0.
What are some comparable homes to 7 Hollywood Drive?
There are currently no comparable homes to 7 Hollywood Drive.
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