Ocean
124 Mathis Drive
$427,000
●
House -
Off Market
124 Mathis Drive
Brick, NJ 08723
2 Beds
1 Bath,
1
Half Bath
900 Ft²
$2,352
Est. Monthly
5.89%
Cap Rate
About This Property
Adorable Doll House, only 2 doors to Shore Acres Beach, comes to
you furnished and decorated as you see in the photos! Almost all
you'll want & need is ready for the upcoming summer and/or year
round living. Two bedrooms, 1 full and 1 half bath, plus a
beautiful 19 x 8 ft. sunroom with French doors and pull-out couch
provide added space for quests. Outdoors, you'll find a 16 x
20 ft. partially covered deck, outdoor shower with dressing area, a
full-sized detached garage with electric and an extra-long driveway
for parking. Home was completely remodeled 12 years ago & roof is
only 3 yrs old. Tankless HWH provides for hot water baseboard heat
or forced hot air and you'll find the convenience of a washer/dryer
in half bath. Ample living, dining areas & kitchen w/ss appliances
top it off!
Unit Size
900 Ft²
Days on Market
43 days
Land Size
0.10 acres
Price per sqft
$443
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1950
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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: 2 years ago (MOMLS #22514209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Crossroads Realty Ocean Cty Regional Office | $399,000 | |
| Listed by Crossroads Realty Ocean Cty Regional Office | |||
| Jun 21, 2013 | Sold | ||
| Sold | |||
| May 4, 2013 | Listed by Gloria Nilson & Co. Real Estate | $155,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
|
NEW, NEW, EVERYTHING NEW! WON'T LAST AT THIS PRICE SO DON'T WAIT! This Doll House is only 2 houses to Shore Acres Beach & has TOTALLY NEW INTERIOR. New Kitchen Cabinets, Counters, SS Appls, High Efficiency Combo Boiler/Tankless Hot Water Maker, Hot Water Baseboard Heat, Electric, AC. 2BR, 1.5 New Baths, Large Heated & Air Conditioned Sun Porch w/French Doors. Detached Garage w/plenty of parking and yard. CALL & COME SEE NOW! YOU COULD BE IN YOUR NEW HOME SOON TO RELAX & ENJOY THE ENTIRE SUMMER!
| |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean
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Listed by: Ramona Bruno, Crossroads Realty Ocean Cty Regional Office
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22514209
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: 2 years ago
Data Source: MOMMLS, MLS# 22514209
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