Ocean
28 Rochester Drive
$770,000
●
House -
Off Market
28 Rochester Drive
Brick, NJ 08723
4 Beds
3 Baths,
1
Half Bath
2,540 Ft²
$879,779
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
4 Bedroom, 2.5 Bath Waterfront Under $800K! You won't want to miss
this Spacious Contemporary Home on Deep Water Lagoon with quick
access to Barnegat Bay! New Vinyl Bulkhead and Composite dock in
2020! Water Views from EVERY room in the house! Backyard has 2
large decks overlooking the lagoon and 3 of the bedrooms have
balconies! Home also has 2 Car Garage, 2 fireplaces and an updated
kitchen with granite center island, New Stainless Steel Appliances
and even a touchless sink faucet! With room for a pool....this is
the perfect gathering place for friends and family! Floor plans,
Survey and Elevation Cert attached to listing.
Unit Size
2,540 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$305
Property Type
House
Property Taxes
$862
HOA Dues
-
Year Built
1985
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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 #22121427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Childers Sotheby's Intl Realty | $775,000 | |
| Listed by Childers Sotheby's Intl Realty | |||
| Mar 27, 2021 | No longer available | - | |
| No longer available | |||
| Mar 11, 2021 | Listed | $789,900 | |
| Listed | |||
| | |||
|
You won't want to miss this Spacious Contemporary Home on Deep Water Lagoon! New Vinyl Bulkhead in 2020! This Home has Water Views from EVERY room in the house! Located across the street from the Barnegat Bay, you can enjoy bay views from the front porch, living room, the Master bedroom and even the garage! In addition, the backyard has 2 large decks overlooking the lagoon! With room for a pool....this is the perfect gathering place for friends and family! Home has 4 Bedrooms, 2.5 baths, 2 Car Garage, 2 fireplaces and an updated kitchen with granite center island, New Stainless Steel Appliances and even a touch less sink faucet! Floor plans, Survey and Elevation Cert attached to listing. The manager has listed the unit size as 2540 square feet.
| |||
| May 8, 2013 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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Listed On
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HOA + Taxes
About Ocean
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Listed by: Aileen Starkey-Casalino, Childers Sotheby's Intl Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22121427
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# 22121427
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