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Ocean 08724
717 Rabbit Run
$480,000
● House - Off Market

717 Rabbit Run

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$675,763
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

GREAT NORTH BRICK LOCATION  SITS ON A HALF ACRE WITH IN GROUND  POOL AND PRIVATE YARD  SPACIOUS LAYOUT WITH MASTER BEDROOM AND BATH ON THE FIRST FLOOR  TWO SPACIOUS BEDROOMS AND FULL BATH UP   PLENTY OF CLOSET SPACE HIGH AND DRY BASEMENT PLUS OVER SIZED FINISHED GARAGE WITH WALK UP STORAGE OR EXTRA LIVING AREA  THIS IS A TRUE MUST SEE HOME IN TO DAYS MARKET  DON'T  DELAY
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$812
HOA Dues
-
Year Built
1997

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 #22022217)

Price History

Date / Event Date Event Price
Sep 9, 2020 Sold
Premium
Sold
Jul 4, 2020 Listed by C21/ Action Plus Realty $499,900
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,587
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,068
  • Total Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000461
  • 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 70.1
  • Account Number: 00729984
  • District: 07
  • Parcel: 07 01422- 37-00002
  • Block: 1422.37
  • Lot: 2
  • Municipality: BRICK TWP
  • Latitude: 40.1201
  • Longitude: -74.1168

    Address

  • Full Address: 717 Rabbit Run
  • Address - House Number: 717
  • Address - Street Name: Rabbit
  • Address - Suffix Type: Run
  • State: NJ
  • City Name: Brick
  • Carrier Code: R002
  • 4-Digit Zip Code: 1094
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,028,297

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 703,616
  • High Value: 851,278
  • Low Value: 555,953

    Market Valuation

  • Market Total Value: $419,200
  • Market Land Value: $152,900
  • Market Improvement Value: $266,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,200
  • Assessed Land Value: $152,900
  • Assessed Improvements Value: $266,300

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 77790
  • Previous Sale Recording Date: Oct 06, 2020
  • Previous Sale Contract Date: Sep 03, 2020
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: 12
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

0.20%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 1114 Sawmill Road, Brick, NJ, 08724

$3,090 /mo

  • 3 Beds
  • 1 Bath
1114 Sawmill Road #141, Brick, NJ, 08724 Listing by Dinamarie DuBois

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Nicholas A Gargiulo, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22022217
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 717 Rabbit Run built and last sold?
The property at 717 Rabbit Run was built in 1997 and last sold on Feb 18, 2022 for $100,000.
How much is this home worth?
The estimated value of the home located at 717 Rabbit Run is $0.
What are some comparable homes to 717 Rabbit Run?
There are currently no comparable homes to 717 Rabbit Run.
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