Ocean
471 Cornell Drive
$285,000
●
House -
Off Market
471 Cornell Drive
Brick, NJ 08723
3 Beds
2 Baths,
1
Half Bath
1,520 Ft²
$433,503
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Lovely Lake Riviera home set on a spacious lot with a
fenced-in backyard and paver patio for your outdoor enjoyment.
This home offers an open concept living/dining room which is
adjacent to the bright kitchen featuring a counter top
range and wall oven. There are 3 generously sized bedrooms
(2 closets in the master), 1 and 1/2 baths plus a den/family room
that can be used as private home office or converted to a 4th
bedroom.There are hardwood floors throughout the main living area
and the bedroom level of the house. The new homeowners
will stay warm this winter with the 2 zoned hot water baseboard
heat. The roof was replaced 1 year ago!! Quiet
neighborhood yet conveniently located to shopping, beaches, parks,
and major commuter highways.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$194
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1968
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MOMLS #21841838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by Weichert Realtors-Toms River | $369,900 | |
| Listed by Weichert Realtors-Toms River | |||
| | |||
|
Don't miss this lovely Lake Riviera home on a expansive fenced in back yard oasis that has a paver patio for your outdoor enjoyment. This home features open floor plan concept with large living dining room. with sliding doors off kitchen leading to your beautiful outdoor space. Three bedrooms and main bath complete the second story living space, with plenty of closets. Plenty of additional living space on the first level w/ bedroom, family room or office, half bath & laundry room w/ additional storage area. Direct access to the home from the garage. This home is located in a quiet neighbor close to beaches, shopping and major highways.
| |||
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2018 | Listed by Gloria Nilson & Co. Real Estate | $294,900 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Property Highlights
Garage
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Roseann Smith, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21841838
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# 21841838
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017