Ocean
381 Spruce Drive
$289,900
●
House -
Off Market
381 Spruce Drive
Brick, NJ 08723
3 Beds
3 Baths
1,316 Ft²
$461,210
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
This is the one you have been waiting for! Drive up and see the
beautiful curb appeal that this 3 bdrm 3 bth ranch shows off. Walk
into the LR w/ HW flrs & vaulted ceilings. From there, the EIK has
large dining area, full stainless appliance package, tile floors,
under cabinet lighting, recessed lighting & a 3x6 center island.
Master bdrm w/ vaulted ceilings & attached bath. For more extra
space, sit in the sun room that leads to the back yard which is
fully fenced in & has an in-ground pool & storage shed. Home also
offers a full finished basement that has a family room, full
kitchen, 2 more rooms that were used as bdrms & a full bath. Park
in the oversized asphalt driveway or the attached garage. Possible
mother/daughter. This is NOT a short sale & owner can accommodate a
quick closing.
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$213
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1964
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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 #21702346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 14, 2023 | Listed by Weichert Realtors-Freehold | $475,000 | |
| Listed by Weichert Realtors-Freehold | |||
| | |||
|
Beautiful Lake Riviera Ranch & possible Mother Daughter. This stunning 3 Bedroom home with a full finished basement has lots room, upgrades & amenities including newer roof, windows, fence & More. Living Room offers the open concept with vaulted ceilings,beautiful hardwood flooring & a bay window. Huge Eat-in Kitchen with center island, 3 nice sized bedrooms upstairs including the master with a full bath. Beautiful family room off the kitchen w/vaulted ceilings and newer sliders leading to the back yard oasis. Full finished basement offers 2 additional bedrooms, Full Bath, Family Room, Laundry Room, 2nd Kitchen & Storage.
Back yard offers a stunning salt water In-Ground Pool w/newer liner, filter, cover, newer fence, electrical & huge shed with electric. HOME WARRANTY Also
| |||
| Mar 24, 2017 | Sold | ||
| Sold | |||
| Jan 20, 2017 | Listed by Diane Turton, Realtors-Brick | $279,900 | |
| Listed by Diane Turton, Realtors-Brick | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Ocean
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Listed by: Kenneth B Duncan, Diane Turton, Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21702346
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# 21702346
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