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Monmouth 07753 Neptune
8 Nicholas Drive
$245,000
● House - Off Market

8 Nicholas Drive

Neptune Township, NJ 07753
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,526 Ft²
$442,928
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Ranch near Shark River/Wall border. 3 Bedrooms, 2 Baths, Large Living Room, Dining Room, Family Room off Eat in Kitchen. Hardwood floors (except fam/rm).

Recent improvements include CAC, Furnace, Windows,Roof, Vinyl Siding and Hot Water Heater. Fenced yard with patio. Full unfinished basement.
Unit Size
1,526 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1973

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21542317)

Price History

Date / Event Date Event Price
Jan 29, 2016 Sold
Premium
Sold
Nov 6, 2015 Listed by Real Estate, LTD $249,900
Listed by Real Estate, LTD

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 828
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • 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: 1,526
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 808002

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 45.2
  • Account Number: 00092347
  • District: 35
  • Parcel: 35 04406-0000-00009
  • Block: 4406
  • Lot: 9
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2042
  • Longitude: -74.0787

    Address

  • Full Address: 8 Nicholas Dr
  • Address - House Number: 8
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C007
  • 4-Digit Zip Code: 3434
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803,128

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 527,101
  • High Value: 635,309
  • Low Value: 418,893

    Market Valuation

  • Market Total Value: $444,700
  • Market Land Value: $211,400
  • Market Improvement Value: $233,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,700
  • Assessed Land Value: $211,400
  • Assessed Improvements Value: $233,300

    Sales

  • Current Sale Contract Date: Jan 29, 2016
  • Current Sale Recording Date: Feb 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016013847
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 Neptune

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1509 ft²

Average Home Age

68.5 years

Currently For Sale

114 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: Dolores Ulisse, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21542317
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 8 Nicholas Drive built and last sold?
The property at 8 Nicholas Drive was built in 1973 and last sold on Jan 29, 2016 for $245,000.
How much is this home worth?
The estimated value of the home located at 8 Nicholas Drive is $0.
What are some comparable homes to 8 Nicholas Drive?
There are currently no comparable homes to 8 Nicholas Drive.
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