406 Brown Street
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Curran Group Real Estate Services | $1,509,000 | |
| Listed by Curran Group Real Estate Services | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Listed | $1,509,000 | |
| Listed | |||
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Steps from the Brielle Marina, coastal dining, shopping, and minutes to beaches, this updated 3-bed, 2.5-bath home offers coastal living. Dedicated office and versatile flex space is perfect for guests or a studio, conveniently located on the main level. This home offers a thoughtfully designed layout with many upgrades including fresh paint, designer lighting, custom millwork and refinished wood floors. The updated eat-in kitchen flows seamlessly to the dining area and outdoor living—perfect for entertaining. The finished basement is complete with a built-in bar and fireplace. Outside, a freshly painted mahogany wraparound porch and abundant natural light sets the stage for relaxed outdoor living. Complete with fire pit and outdoor shower this home is move-in ready.
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About Brielle
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$7,000 /mo
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- 1,929 ft²
$8,500 /mo
- 5 Beds
- 2 Baths
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017