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Ocean
711 Sycamore Drive
$445,000
● House - Off Market

711 Sycamore Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$462,256
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Welcome home!Beautiful, large Bi-Level home in desired Cedar Bridge section of Brick.  Impeccably maintained 3 BR 2 bath home in a great neighborhood.Home is updated: 2021 professionally painted and 2020 new roof. Other amenities include, gas heat, central air, and hardwood floors. Stainless Steel Appls. 2 car garage.ENTRY DOOR IN BACK OF HOME AT GROUND LEVEL IF YOU WANT M/D SET UP. Located near easiest access from all major highways, transportation, beach, restaurants and recreational activities. Desirable schools! With hustle & bustle of everyday life; Enjoying BBQ on deck or a cup of coffee in family room, make this your tranquil retreat Home away from work!
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$256
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1972

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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 #22200597)

Price History

Date / Event Date Event Price
Feb 22, 2022 Sold
Premium
Sold
Jan 9, 2022 Listed by C21/ Action Plus Realty $439,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L14

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713900

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 39.1
  • Account Number: 00412857
  • District: 07
  • Parcel: 07 00676-0000-00013
  • Block: 676
  • Lot: 13
  • Municipality: BRICK TWP
  • Latitude: 40.0556
  • Longitude: -74.131

    Address

  • Full Address: 711 Sycamore Dr
  • Address - House Number: 711
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C077
  • 4-Digit Zip Code: 4217
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $650,333

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 495,932
  • High Value: 603,060
  • Low Value: 388,805

    Market Valuation

  • Market Total Value: $268,400
  • Market Land Value: $132,500
  • Market Improvement Value: $135,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,400
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $135,900

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31789
  • Previous Sale Recording Date: Jun 16, 2021
  • Previous Sale Contract Date: Jan 21, 2021
  • Previous Sale Amount: $350,000
  • 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

1598 ft²

Average Home Age

29.3 years

Currently For Sale

4418 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 305 Spirit Way, Brick, NJ, 08723

$3,600 /mo

  • 3 Beds
  • 3 Baths
  • 1,706 ft²
305 Spirit Way, Brick, NJ, 08723 Listing by Lisa M Smith
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joyce Ellis-Grasso, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22200597
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 711 Sycamore Drive built and last sold?
The property at 711 Sycamore Drive was built in 1972 and last sold on Feb 15, 2022 for $445,000.
How much is this home worth?
The estimated value of the home located at 711 Sycamore Drive is $449,630.
What are some comparable homes to 711 Sycamore Drive?
There are currently no comparable homes to 711 Sycamore Drive.
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