Ocean
178 Mast Road
$233,000
●
House -
Off Market
178 Mast Road
Brick, NJ 08723
3 Beds
1 Bath
1,280 Ft²
$348,717
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
This delightful, well maintain 3 bedroom ranch is more than just a
place to live! Become a part of the waterfront community of Cherry
Quay; voluntary membership has its advantages! Live fun filled
Jersey Shore life style. Enjoy the association's private beach, use
the boat ramp, go fishing or crabbing, play on the playground you
can even join in the community planned events. You'll have time to
spare, this home is move in ready and boasts a low maintenance
yard. There's more, good size rooms, an open concept kitchen
and a gas fireplace. No worries here, home is FEMA
compliant and an HVAC system that is only a few years old.
Why wait?
Unit Size
1,280 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1982
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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 #21903196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2021 | Sold | ||
| Sold | |||
| Nov 13, 2020 | Listed by Coldwell Banker Realty | $309,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
THE WORK HAS BEEN DONE! Completely remodeled 3 bedroom 1 bath ranch in desirable Cherry Quay. Open floor plan at its best with designer flooring and spacious, bright layout. Stunning eat in kitchen with new shaker cabinetry, designer lighting, quartz center island and designer butcher block countertops. Custom finishes through out including stylish herringbone tiled shower with four Moen shower heads for a spa like experience. Fabulous amenities include optional membership to Cherry Quay Community Association with private beach and new BOAT RAMP, movies on the beach. All the benefits of an association for only 75.00 per year!! NEW TIMBERLINE ROOF 2020. RAISED HOUSE w/ steel support plates. NO FLOOD INS!!
| |||
| Apr 23, 2019 | Sold | ||
| Sold | |||
| Jan 25, 2019 | Listed by Realty One Group Emerge | $235,000 | |
| Listed by Realty One Group Emerge | |||
| Dec 17, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Ocean
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Listed by: Donna Rothman, Realty One Group Emerge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21903196
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# 21903196
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