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Ocean 08527
73 Picadilly Drive
$450,000
● House - Off Market

73 Picadilly Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$758,169
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This beautiful home is located in desirable Hampshire Hills. With 4 bedrooms (possible 6) 3 full baths and 1 half bath this home has tons of space LR & DR combination feature gleaming solid Cherry hardwood floors through out the first floor. Ceramic tile in the EIK kitchen. Upgraded 42'' cherry cabinets, stainless steel LG appliance package with a featured wine rack. The kitchen leads you into the family room which has vaulted ceiling custom molding and gas fireplace. Spacious Master bedroom has vaulted ceilings and a master bath, with walk-in closet. Full finished basement boasts of second kitchen and full bath. Recently painted, new carpets and new flooring in kitchen. Exterior has a on-ground pool, gazebo, 2 patios and amish shed. Must See. Sellers are packed and ready to go.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$854
HOA Dues
$27
Year Built
2002

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: 3 years ago (MOMLS #21705461)

Price History

Date / Event Date Event Price
Apr 18, 2017 Sold
Premium
Sold
Feb 13, 2017 Listed by Exit Realty Jackson NJ $465,000
Listed by Exit Realty Jackson NJ

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,412
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,474
  • Building Area: 2,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 51
  • District: 12
  • Parcel: 12 05104-0000-00008
  • Block: 5104
  • Lot: 8
  • Municipality: JACKSON TWP
  • Latitude: 40.1448
  • Longitude: -74.2889

    Address

  • Full Address: 73 Picadilly Dr
  • Address - House Number: 73
  • Address - Street Name: Picadilly
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 1286
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,175,651

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 888,731
  • High Value: 1,074,405
  • Low Value: 703,057

    Market Valuation

  • Market Total Value: $468,200
  • Market Land Value: $101,600
  • Market Improvement Value: $366,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,200
  • Assessed Land Value: $101,600
  • Assessed Improvements Value: $366,600

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020080148
  • Previous Sale Recording Date: May 08, 2017
  • Previous Sale Contract Date: Apr 18, 2017
  • Previous Sale Amount: $450,000
  • 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

1589 ft²

Average Home Age

35.2 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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn
Unit for rent at 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mindy Horowitz, Exit Realty Jackson NJ
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21705461
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 73 Picadilly Drive built and last sold?
The property at 73 Picadilly Drive was built in 2002 and last sold on May 26, 2020 for $507,375.
How much is this home worth?
The estimated value of the home located at 73 Picadilly Drive is $469,650.
What are some comparable homes to 73 Picadilly Drive?
There are currently no comparable homes to 73 Picadilly Drive.
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