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Ocean
748 Barberry Drive
$215,000
● House - Off Market

748 Barberry Drive

Brick, NJ 08723
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$363,555
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Looking for the perfect starter home or retirement home? Come and see this charming brick front ranch in Cedar Bridge. This roomy home features an updated kitchen, spacious living room with wood burning stove, dining room two bedrooms and two updated baths. Hardwood floors throughout Plenty of room for a pool on the 100 x 100 fenced in lot. Full basement waiting for your personal touch. Walk to riverfront homeowner's association and enjoy the beach, playground and boat dockage. Circular Driveway  Close to beach, shopping and restaurants
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1955

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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 #21702392)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Jan 20, 2017 Listed by Diane Turton, Realtors-Wall $225,000
Listed by Diane Turton, Realtors-Wall

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • 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: L11

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 39.1
  • Account Number: 00412764
  • District: 07
  • Parcel: 07 00673- 15-00010
  • Block: 673.15
  • Lot: 10
  • Municipality: BRICK TWP
  • Latitude: 40.0565
  • Longitude: -74.1282

    Address

  • Full Address: 748 Barberry Dr
  • Address - House Number: 748
  • Address - Street Name: Barberry
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C077
  • 4-Digit Zip Code: 4227
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $554,867

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 408,290
  • High Value: 487,292
  • Low Value: 329,287

    Market Valuation

  • Market Total Value: $229,000
  • Market Land Value: $132,500
  • Market Improvement Value: $96,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,000
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $96,500

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017051003

    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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1591 ft²

Average Home Age

24.6 years

Currently For Sale

4247 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 36 Bayberry Avenue, Brick, NJ, 08723

$3,200 /mo

  • 3 Beds
  • 2 Baths
36 Bayberry Avenue, Brick, NJ, 08723 Listing by Ryan Panuska

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joanne Botwinick, Diane Turton, Realtors-Wall
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21702392
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 748 Barberry Drive built and last sold?
The property at 748 Barberry Drive was built in 1955 and last sold on May 1, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 748 Barberry Drive is $231,105.
What are some comparable homes to 748 Barberry Drive?
There are currently no comparable homes to 748 Barberry Drive.
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