$485,000
●
House -
Off Market
33 N Cherokee Lane
Brick, NJ 08724
5 Beds
3 Baths
2,842 Ft²
$831,685
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
RARE OPPORTUNITY to own a waterfront home that sits high on a deep,
wide lagoon across from a wildlife refuge. Large 5 bedroom, 3 bath
custom home featuring extensive waterfront, sun deck and multiple
outdoor entertaining areas. Vaulted ceilings and skylights in
living/dining rooms to capture natural light. Walls of windows
portraying water and wildlife views. First floor master suite with
jacuzzi tub and stall shower. 2 additional guest bedrooms with full
bath on first floor. Huge second floor great room with high
ceilings, kitchenette and deck overlooking the water for
entertaining. 2 additional guest bedrooms and 1 updated full bath
on the second floor. 2 car garage. Perfect Jersey Shore living for
entertaining and hosting guests. Quiet and superb street minutes
away from fine beaches.
Unit Size
2,842 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
1986
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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 #21730063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Curran Group Real Estate Services | $575,000 | |
| Listed by Curran Group Real Estate Services | |||
| | |||
|
What's better than living by the Beaver Dam creek, or the Metedeconk River, or Windward Beach? The answer is quite simple, having access to all three! Jersey Shore Lagoon Living at its finest on a dead end street off of Princeton Ave. This waterfront shore getaway is nestled at the end of this lagoon in the Cedarcroft section of Brick. It offers 5 Bedrooms and 3 full bathrooms built for entertaining. The main living area offers a wet bar, brick fireplace, and panoramic views of the water. The newly updated kitchen offers soft close cabinets, granite countertops, newer stainless steal appliances, and pull out drawers in the pantry for storage. Special features include secondary living room overlooking the lagoon, additional kitchen on the second floor, multiple skylights for maximum natural lighting, crown molding, fresh paint, 2 car garage, and second story deck with a stunning view of the neighborhood!
Welcome to waterfront living!
| |||
| Dec 11, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2017 | Listed by Real Estate, LTD | $525,000 | |
| Listed by Real Estate, LTD | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
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 Ocean
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Listed by: Brian Sandy, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21730063
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# 21730063
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