254 Brick Boulevard #4
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed | $114,500 | |
| Listed | |||
| | |||
|
AMAZING OPPORTUNITY to own this 1ST floor condo in this PROFESSIONAL building with a GREAT high traffic location! Building fronts Brick Blvd and is the right corner unit in front. Enter into building to SPACIOUS foyer leading to #4. As you enter into the office, you have a reception area with desk, PLENTY of cabinets, a LARGE sitting area w/additional cabinets & counter space. SPACIOUS storage closet and bath are available in the reception area. Additional SEPARATE office area is a GOOD size space with 2 large desks and totally PRIVATE. This space has so many options, attorney, small business, accountant, and more. USE for yourself or purchase for investment to rent out.Make this office your own with alterations to suit your BUSINESS! DON'T WAIT a OFFICE like this won't LAST! CALL TODAY FOR YOUR OFFICE TOUR!
| |||
| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | Listed | $120,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2024
|
Loft
|
-
|
-
|
$375,000
Loft
-
|
$300,000
-20.00%
12/27/2024
|
Kenneth Duncan
RE/MAX Revolution
| |
|
06/29/2022
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$70,000
-21.35%
10/26/2022
|
Nicole Chopp
Goldstone Realty
| |
|
06/29/2022
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$70,000
-21.35%
10/26/2022
|
Nicole Chopp
Goldstone Realty
| |
|
06/24/2022
|
Loft
|
-
|
-
|
$114,500
Loft
-
|
$107,500
-6.11%
07/22/2022
|
Colette Gioia
RE/MAX Real Estate Limited - Brick
| |
|
10/25/2021
|
Loft
|
-
|
-
|
$99,000
Loft
-
|
-
-
|
Alissa Lardiere
CARA Realtors
| |
|
10/20/2021
|
Loft
|
-
|
-
|
$120,000
Loft
-
|
-
-
|
Roxanne D'Amore
RE/MAX Award Realtors
| |
|
08/13/2020
|
Loft
|
-
|
-
|
$139,000
Loft
-
|
$123,000
-11.51%
05/20/2021
|
Marla Naputano
Keller Williams Realty Preferred Properties
| |
|
08/05/2017
|
Loft
|
-
|
-
|
$119,000
Loft
-
|
$112,500
-5.46%
04/12/2018
|
Mark Marchi
Keller Williams Realty West Monmouth
| |
|
01/09/2016
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$45,000
-49.44%
11/15/2016
|
Suzanne Liguori
Realty One Group Emerge
| |
|
01/09/2016
|
Loft
|
-
|
-
|
$99,000
Loft
-
|
$45,000
-54.55%
11/15/2016
|
Suzanne Liguori
Realty One Group Emerge
| |
|
03/25/2014
|
Loft
|
-
|
-
|
$89,900
Loft
-
|
$85,000
-5.45%
10/04/2014
|
Bernard Czech
Crossroads Realty Manchester
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017