406 Midstreams Road
About This Property
Welcome to your dream home in the highly sought-after Midstreams section of Brick! This beautifully maintained 3-bedroom, 1.5-bathroom residence perfectly blends classic charm with modern peace of mind.
Gorgeous, sun-drenched wood floors flow seamlessly throughout the spacious living room, formal dining area, hallway, and all three well-appointed bedrooms. Rest easy knowing the big-ticket items are already done--both the central air conditioning system and the furnace were newly installed in 2022! Nestled in a fantastic, established neighborhood just minutes from beaches, shopping, dining, and excellent schools. Turn the key and move right in. Schedule your tour today--this Midstreams gem won't last!
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by EXIT Realty Jersey Shore | $570,000 | |
| Listed by EXIT Realty Jersey Shore | |||
| May 12, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Crossroads Realty Manchester | $319,000 | |
| Listed by Crossroads Realty Manchester | |||
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Warmth, charm and pride of ownership distinguish this 3 bedroom, 1 1/2 bath ranch home in the desirable Midstream area. The eat in kitchen boasts warm honey oak cabinetry and full appliance package. Living Room, Formal Dining Room and hall offers gleaming oak hardwood floors. There are newer windows through out, sprinkler system and six panel doors. Bedrooms have hardwood floors under carpets. Home has newer siding (front), garage door and front entry steps . Updated bath with oversized stall shower, tile floor and 2 linen closets. Separate laundry room with washer and dryer. Partially finished (full) basement with bar and extra space for entertaining and storage. Backyard is fully fenced with patio for relaxing. Walking distance to fun family park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017