$775,000
●
House -
Off Market
28 Olin Street
Ocean Grove, NJ 07756
3 Beds
1 Bath,
1
Half Bath
1,003 Ft²
$4,710
Est. Monthly
3.15%
Cap Rate
About This Property
Nestled in the heart of the sought-after Ocean Grove community,
this delightful 3-bedroom, 1.5-bathroom historic cottage offers a
unique chance to own a piece of paradise just minutes to the beach.
Located on the second beach block, this property also includes a
coveted driveway for convenient parking.
The inviting living room seamlessly flows into the dining area, creating an open and welcoming space perfect for entertaining. The efficient galley kitchen, featuring a first-floor laundry area, leads to a beautifully updated outdoor patio with an outdoor shower, ideal for relaxing after a day at the beach.
Upstairs, you'll find three comfortable bedrooms and a half bath, providing ample space for everyone. This charming cottage offers the perfect blend of historic character and updated amenities, making it an ideal beach retreat. Don't miss the opportunity to make this enchanting property your very own Beach House. Close to Booming Asbury Park, Shopping and the beautiful beach.
The inviting living room seamlessly flows into the dining area, creating an open and welcoming space perfect for entertaining. The efficient galley kitchen, featuring a first-floor laundry area, leads to a beautifully updated outdoor patio with an outdoor shower, ideal for relaxing after a day at the beach.
Upstairs, you'll find three comfortable bedrooms and a half bath, providing ample space for everyone. This charming cottage offers the perfect blend of historic character and updated amenities, making it an ideal beach retreat. Don't miss the opportunity to make this enchanting property your very own Beach House. Close to Booming Asbury Park, Shopping and the beautiful beach.
Unit Size
1,003 Ft²
Days on Market
112 days
Land Size
0.03 acres
Price per sqft
$747
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1865
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 months ago (MOMLS #22520951)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Jack Green Realty | $749,000 | |
| Listed by Jack Green Realty | |||
| Jun 27, 2020 | Sold | ||
| Sold | |||
| Jan 29, 2020 | Listed by Jack Green Realty | $519,000 | |
| Listed by Jack Green Realty | |||
| | |||
|
If your dream has always been to live at the Jersey Shore, then now is the time to make it a reality. Come take a look at this adorable Historic Seashore Colonial located on the second BEACH BLOCK with a much sought after DRIVEWAY for parking. Start experiencing the Ocean Grove lifestyle with all its quaint shops while also having the excitement of Asbury Park just a few minutes away. This charming home has 3BR, 1.5BA, outdoor shower and patio, a newer furnace and water heater along with washer and dryer. Enjoy a good book or just relax and enjoy the ocean breezes on one of two outdoor porches. Make an appointment to come view this beauty before it is too late.
| |||
Show More
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Neptune
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michelle Green, Jack Green Realty
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22520951
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: 12 months ago
Data Source: MOMMLS, MLS# 22520951
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017