Ocean
232 Emerald Drive
$287,500
●
House -
Off Market
232 Emerald Drive
Brick, NJ 08723
4 Beds
2 Baths
1,750 Ft²
$476,641
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Great Lake Riviera location on oversized property! Remodeled 4
Bedroom 2 Full Bath with hardwood flooring throughout the upper
level. Updated white shaker kitchen with granite countertops and
stainless steel appliances complimented in oversized ceramic
tiling. Entertainment size living room with great eastern sunny
exposure, 3 Bedrooms on the upper level with shared remodeled full
bath with tub. Downstairs features Family Room with sliders leading
to rear yard, 4th Bedroom and full bath with shower. Oversized
garage and additional storage and laundry room. New gas furnace and
central air and a short bike ride to the Lake Riviera Beach and
Lake where you can kayak, canoe or non motorized boating. Minutes
to Garden State Parkway North and South Entrances. Immediate
Occupancy.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1958
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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 #21713545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by Weichert Realtors-Jackson | $470,000 | |
| Listed by Weichert Realtors-Jackson | |||
| | |||
|
Great Lake Riviera Location. Nice oversized corner property! This beauty offers 4 Bedrooms, 2 Full baths, Hardwood flooring throughout upstairs level. White shaker kitchen with granite countertops & stainless steel appliances. Huge Living Room and Dining Room. 3 Nice sized bedrooms upstairs and a remodeled full bath. Downstairs offers 4th Bedroom , Full bath with a shower and a Family Room with sliders leading to your beautiful back yard. Oversized Garage with laundry room and tons of additional storage. Back yard offers lots of room, fully fenced, two gates and a swing set. Many newer amenities with a newer roof, C/A and furnace. Don't miss opportunity to own this beauty!
| |||
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Apr 8, 2017 | Listed by C21/ Lawrence Realty | $298,900 | |
| Listed by C21/ Lawrence Realty | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Currently no similar homes aroundNearby Rentals
Listed by: Pasquale Mennella, C21/ Lawrence Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21713545
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# 21713545
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