Ocean
5 Toledo Drive
$935,000
●
House -
Off Market
5 Toledo Drive
Brick, NJ 08723
3 Beds
3 Baths,
1
Half Bath
2,336 Ft²
$5,282
Est. Monthly
3.12%
Cap Rate
About This Property
Beautifully Updated 3 BR,2.5 Bath Waterfront Home in the desireable
'Havens Cove' section of Baywood, w/access to the Bay. Vaulted
Ceiling & Wood floors throughout most of this Stunning Home, as
well as Chef Style Kitchen any cook will Love! Spacious & inviting
from the Living Room w/Fireplace to the Dining Rm Area.
Waterviews all around especially from your deck with
Fireplace & TV, Hot Tub & Pool. The 55ft long
dock has Steel & Vinyl Bulkhead, plenty of room for your Boat &
Jetskis! Upstairs to the Master Suite with separate Vanity/Dressing
Area & Lg Closet. Private Bathroom w/Luxurious Shower, Jetted
Tub & Balcony. 2 addt'l Carpeted BR's w/plenty of closet
space, Laudnry Rm & 2 Car Garage complete this Waterfront
Dream
Unit Size
2,336 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$385
Property Type
House
Property Taxes
$862
HOA Dues
-
Year Built
1987
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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 #22422337)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $899,999 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2019 | Listed by Weichert Realtors-Normandy Bch | $530,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
| | |||
|
Spacious waterfront home in PRIME location on upscale block in Baywood. High street, NO water from Sandy. End of a quite cul-de-sac. A boaters dream..with the protection of Havens Cove, which is a natural waterway with direct outlet to Barnegat Bay! 55ft long dock with new steel & vinyl bulkhead. Enjoy crabbing & swimming from the dock on this wide 16 foot deep waterway. The dock does have water & electric. Outside deck is the length of the house with a jacuzzi/hot tub! All the mechanicals in the home are new...furnace, water heater & AC. Also a generator wired to the main electric panel for backup power. Bright open floor plan with water views everywhere! Huge Master suite with a dressing room, walk in closet and very large bathroom containing jacuzzi tub. Upper balcony off master.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
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: Helen Cocuzza, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22422337
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# 22422337
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