$1,525,000
●
House -
Off Market
18 Shrewsbury Way
Sea Bright, NJ 07760
4 Beds
3 Baths
$2,337,683
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
RIVERFRONT RETREAT!!! This charming updated cape was raised
and renovated in 2014-2015 and offers over 2100 square feet on two
levels plus an indoor/outdoor entertaining area with wet bar that
opens to a beautiful yard. Waterviews from almost every room.
Open floor plan flows nicely. Indoor/outdoor entertaining with the
ground floor bar area and paver patio. Expansive yard area,
and sandbox and swings for the kids. Outdoor shower and
plenty of storage for all of your beach gear, kayaks, and
surfboards. The bulkhead was replaced in 2018 and offers boat lift
with 4500lb capacity. Riparian lease is currently $100/year.
This home is located in highly desirable NORTH SEA BRIGHT.
Steps to the beach and only a few miles from NYC ferry. HMS
home warranty included.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,153
HOA Dues
-
Year Built
1922
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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 #21918720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Jan 4, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $1,899,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
| | |||
|
AMAZING RIVERFRONT WATERVIEWS!!! This meticulously maintained home is newly renovated with newer quartz countertops, an exquisite glass backsplash, and newer stainless appliances. The new fireplace insert and feature wall makes for a perfect indoor entertaining space. The bulkhead was replaced in 2018 featuring a new 8,000 lb boat lift. Outdoor entertaining is easy with a wet bar that opens to a large yard with a firepit and raised beds for planting. This home has an outdoor shower and plenty of storage for all your boat equipment, beach gear, kayaks, and surfboards. LOCATED IN THE HIGHLY DESIRABLE NORTH SEA BRIGHT AREA.
JUST STEPS TO THE BEACH AND ONLY A FEW MILES TO THE NYC FERRY!!!
| |||
| Sep 5, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Berkshire Hathaway HomeServices New Jersey Properties | $1,595,000 | |
| Listed by Berkshire Hathaway HomeServices New Jersey Properties | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
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Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sea Bright
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Listed by: Elizabeth Finn, Berkshire Hathaway HomeServices New Jersey Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21918720
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# 21918720
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Address: 335 Madison Avenue, New York, NY 10017