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Ocean
74 Burton Parkway
$194,000
● House - Off Market

74 Burton Parkway

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
1 Bath
$320,701
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Welcome to this wonderful home located on a quiet private street in Breton Woods.  All new carpeting in bedrooms and living spaces.  Freshly painted throughout.  New floors in kitchen, laundry room and front porch.  Lg living open to the eat-in kitchen. Three good sized bedrooms including a master that will fit a king size bed.  A laundry room at the back of the house with a full size washer/dryer and access to the backyard. Gas Furnace in the attic. Sunroom entrance to enjoy the setting sun. Fenced backyard with large shed. With a small OPTIONAL annual fee, to the Breton Woods Assoc., you can have access to the private pool, beach, club house, & organized activities.  The club house & beach are located a few blocks from your home. NOT LOCATED in Flood Zone.  All measurements are approx.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1940

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 #21641767)

Price History

Date / Event Date Event Price
Jun 15, 2017 Sold
Premium
Sold
Nov 2, 2016 Listed by Heritage House Sotheby's International Realty $199,758
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 954
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L9,10

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 36.3
  • Account Number: 00312470
  • District: 07
  • Parcel: 07 00651-0000-00008- 01
  • Block: 651
  • Lot: 8.01
  • Municipality: BRICK TWP
  • Latitude: 40.0482
  • Longitude: -74.1187

    Address

  • Full Address: 74 Burton Pkwy
  • Address - House Number: 74
  • Address - Street Name: Burton
  • Address - Suffix Type: Pkwy
  • State: NJ
  • City Name: Brick
  • Carrier Code: C044
  • 4-Digit Zip Code: 5495
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473,212

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 372,148
  • High Value: 455,749
  • Low Value: 288,547

    Market Valuation

  • Market Total Value: $195,300
  • Market Land Value: $115,000
  • Market Improvement Value: $80,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,300
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $80,300

    Sales

  • Current Sale Contract Date: Jun 13, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017068661
  • Previous Sale Recording Date: Nov 21, 2005
  • Previous Sale Contract Date: Oct 31, 2005
  • Previous Sale Amount: $211,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

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MOMMLS

Listed by: Mary O'Malley-Joyce, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21641767
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 74 Burton Parkway built and last sold?
The property at 74 Burton Parkway was built in 1940 and last sold on Jun 13, 2017 for $194,000.
How much is this home worth?
The estimated value of the home located at 74 Burton Parkway is $0.
What are some comparable homes to 74 Burton Parkway?
There are currently no comparable homes to 74 Burton Parkway.
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