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Ocean 08724
9 Rainier Drive
$135,000
● House - Off Market

9 Rainier Drive

Brick, NJ 08724
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,388 Ft²
$345,285
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Welcome Home! This 2 bedroom 2 bath home says ''Come in and relax!'' Hot water baseboard heat. This location is so close to all shopping, major highways and beaches. Don't miss this one.
Unit Size
1,388 Ft²
Days on Market
360 days
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$276
HOA Dues
$137
Year Built
1980

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: 2 years ago (MOMLS #21142408)

Price History

Date / Event Date Event Price
Nov 16, 2012 Sold
Premium
Sold
Nov 22, 2011 Listed by Coldwell Banker Riviera Realty $159,900
Listed by Coldwell Banker Riviera Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Parking Space Count: 1
  • 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: 1,388
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,388
  • 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

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: RR2

Geography

  • Assessors Map Reference: TAX MAP 63.1
  • Account Number: 00625302
  • District: 07
  • Parcel: 07 01210- 12-00005
  • Block: 1210.12
  • Lot: 5
  • Municipality: BRICK TWP
  • Latitude: 40.0959
  • Longitude: -74.1331

    Address

  • Full Address: 9 Rainier Dr
  • Address - House Number: 9
  • Address - Street Name: Rainier
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C049
  • 4-Digit Zip Code: 2081
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $435,162

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 364,005
  • High Value: 444,821
  • Low Value: 283,188

    Market Valuation

  • Market Total Value: $177,400
  • Market Land Value: $75,000
  • Market Improvement Value: $102,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,400
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $102,400

    Sales

  • Current Sale Contract Date: Oct 23, 2012
  • Current Sale Recording Date: Dec 04, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012124039
  • Previous Sale Recording Date: Dec 20, 2005
  • Previous Sale Contract Date: Dec 15, 2005
  • Previous Sale Amount: $279,900
  • 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

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 68 Briar Mills Drive, Brick, NJ, 08724

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,120 ft²
68 Briar Mills Drive, Brick, NJ, 08724 Listing by Scott Brandt
Unit for rent at 250b Sawmill Road, Brick, NJ, 08724

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,014 ft²
250b Sawmill Road, Brick, NJ, 08724 Listing by Robert Kosinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Denise Koste, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21142408
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 9 Rainier Drive built and last sold?
The property at 9 Rainier Drive was built in 1980 and last sold on Oct 23, 2012 for $135,000.
How much is this home worth?
The estimated value of the home located at 9 Rainier Drive is $172,351.
What are some comparable homes to 9 Rainier Drive?
There are currently no comparable homes to 9 Rainier Drive.
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