$422,500
●
House -
Off Market
1 Washington Drive
Brick, NJ 08724
4 Beds
2 Baths
1,800 Ft²
$478,205
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
JUST REDUCED! This Brick home has been updated and ready for new
owners! Pulling up to the home you will find new roof and windows
welcoming you to the front door. Entering the home you will find
new trim, doors, light fixtures, flooring and paint throughout the
home. First floor offers a large living room, dining room with
large triple window overlooking front yard, completely updated
kitchen with gorgeous cabinets, granite counters, stainless steel
appliances and tile backsplash. First floor is completed with a
large family room with slider to rear deck, first floor bedroom and
first floor updated full bathroom. Second floor offers three
bedrooms and an updated full bathroom. Partial basement has bilco
doors, new hot water heater, brand new HVAC. The fenced in yard
gives plenty of room for your summer activities. Hurry, this home
will not last! This is a Fannie Mae Homepath Property.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$236
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1960
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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 #22115960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2021 | Listed by VELTRI & ASSOCIATES REALTORS | $424,900 | |
| Listed by VELTRI & ASSOCIATES REALTORS | |||
| | |||
|
JUST LISTED! This Brick home has been updated and ready for new owners! Pulling up to the home you will find new roof and windows welcoming you to the front door. Entering the home you will find new trim, doors, light fixtures, flooring and paint throughout the home. First floor offers a large living room, dining room with large triple window overlooking front yard, completely updated kitchen with gorgeous cabinets, granite counters, stainless steel appliances and tile backsplash. First floor is completed with a large family room with slider to rear deck, first floor bedroom and first floor updated full bathroom. Second floor offers three bedrooms and an updated full bathroom. Partial basement has bilco doors, new hot water heater, brand new HVAC. The fenced in yard gives plenty of room for your summer activities. Hurry, this home will not last! This is a Fannie Mae Homepath Property.
| |||
| May 20, 2021 | Listed by Veltri & Associates, Realtors | $424,900 | |
| Listed by Veltri & Associates, Realtors | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: William F Troy, Veltri & Associates, Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22115960
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22115960
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