$575,000
●
House -
Off Market
174 18th Avenue
Brick, NJ 08724
3 Beds
2 Baths
1,240 Ft²
$3,166
Est. Monthly
6.84%
Cap Rate
About This Property
This classic beach bungalow has been expanded and transformed into
a very cool home in a spectacular location! Walk over to River Rock
Restaurant just 2 blocks away for waterfront dining, or launch your
kayak or paddle board into the Manasquan River!
Downtown areas of Point Pleasant Beach, Manasquan, and Brielle are just 2-3 miles away! Roof, kitchen, bathrooms, AC, and hot water heater are just some of the recent upgrades over the past few years in this turn-key house. Primary Bedroom has its own en-suite private bathroom, Living Room has vaulted ceilings, the floor plan is wide open, and there is plenty of storage in the partial basement and 8' x 12' shed.
Downtown areas of Point Pleasant Beach, Manasquan, and Brielle are just 2-3 miles away! Roof, kitchen, bathrooms, AC, and hot water heater are just some of the recent upgrades over the past few years in this turn-key house. Primary Bedroom has its own en-suite private bathroom, Living Room has vaulted ceilings, the floor plan is wide open, and there is plenty of storage in the partial basement and 8' x 12' shed.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
-
Price per sqft
$443
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1930
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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 #22505965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Listed by Coldwell Banker Realty | $549,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 18, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by EXP Realty | $397,000 | |
| Listed by EXP Realty | |||
| | |||
|
Welcome to the good life of salt-air living at this renovated 3 bd/ 2 full bth ''Beach Bungalow'' in Brick. Renovated in 2018 and updated with everything you need from waterproof floors throughout, two full bathrooms, and an updated kitchen. Lots of natural light for this move-in ready home with an open layout, newer HVAC, granite countertops, newer roof and a partial basement. There is also a hip-high ceiling in the living / dining room and a private ample size yard with fruit bearing apple trees and an 8 x 12 outdoor shed for extra storage. Located near River Rock, Manasquan River, close to the Garden State Parkway and the Jersey Shore Beaches. If you picture yourself living here, schedule today to make this your forever home.
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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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Baths
ft²
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HOA + Taxes
About Ocean
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Listed by: Gregory M Rice, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22505965
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# 22505965
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017