Ocean
365 Elm Lane
$349,900
●
House -
Off Market
365 Elm Lane
Brick, NJ 08723
6 Beds
4 Baths
2,928 Ft²
$512,825
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Need space? This home has it all! 5 bedrooms and 4 full baths. Lets
start from the basement that is mostly finished, we have a bedroom
there with a walk-out window, a full bath and a kitchen area, 1,500
sq ft of basement. The rest of the house is 2,928 sq ft of living
space. Large eat-in kitchen just recently remodeled with long
Granite counters and top of the line cabinets, a Chef's delight!
Formal dining rm, Formal living rm and a generous size Family rm,
plus a laundry rm and full bath. Upstairs has 4 roomy bedrms, 2
full baths. The Master bedrm is large with a walk in closet, Bath
with Whirlpool sitting tub, shower and added on a Nursery, exercise
rm or large office. Large lot with above ground pool. Location is
wonderful, minutes from the Shore and all stores
Unit Size
2,928 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1992
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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 #21908672)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | No longer available | - | |
| No longer available | |||
| Mar 4, 2019 | Listed by C21/ Solid Gold Realty | $349,900 | |
| Listed by C21/ Solid Gold Realty | |||
| Jan 9, 2019 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Nov 3, 2018 | Listed | $409,900 | |
| Listed | |||
| | |||
|
Need space? This home has it all! 5 bedrooms and 4 full baths. Lets start from the basement that is mostly finished, we have a bedroom there with a walk-out window, a full bath and a kitchen area, 1,500 sq ft of basement. The rest of the house is 2,928 sq ft of living space. Large eat-in kitchen just recently remodeled with long Granite counters and top of the line cabinets, a Chef's delight! Formal dining rm, Formal living rm and a generous size Family rm, plus a laundry rm and full bath. Upstairs has 4 roomy bedrms, 2 full baths. The Master bedrm is large with a walk in closet, Bath with Whirlpool sitting tub, shower and added on a Nursery, exercise rm or large office. Large lot with above ground pool. All appliances included. Location is wonderful, minutes from the Shore and all stores The manager has listed the unit size as 2928 square feet.
| |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean
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Listed by: Michael Barone, C21/ Solid Gold Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21908672
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# 21908672
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