Ocean
505 Pinecroft Drive
$547,500
●
House -
Off Market
505 Pinecroft Drive
Brick, NJ 08723
3 Beds
1 Bath,
1
Half Bath
1,347 Ft²
$3,116
Est. Monthly
6.08%
Cap Rate
About This Property
Coastal Living at its Finest! Just a short walk to a private beach
and boat docs, this beautifully maintained 3-bedroom, 1.5-bath home
offers the perfect blend of comfort, style and serenity. Inside,
you'll find an open floor plan, featuring vaulted ceilings,
stunning hardwood floors, a modern updated kitchen, and fully
renovated bathrooms. Each of the three generously sized bedrooms
provide plenty of space to relax and unwind. Step outside to your
new oversized Trex deck, perfect for entertaining or simply soaking
in the peaceful surroundings. The large fully fenced-in yard offers
privacy, space to play and room to relax. A two car garage and
plenty of attic space give you plenty of storage. All of the major
upgrades have been completed-just move in and enjoy. Located just
steps from the Metedeconk River, this home offers easy access to
fishing, crabbing, kayaking and more in this highly desirable
waterfront community. Come make this home the start of your next
journey!
Unit Size
1,347 Ft²
Days on Market
30 days
Land Size
0.21 acres
Price per sqft
$393
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1938
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Cap Rate Calculator
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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: 11 months ago (MOMLS #22523108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by RE/MAX Revolution | $529,000 | |
| Listed by RE/MAX Revolution | |||
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2018 | Listed by RE/MAX Revolution | $319,900 | |
| Listed by RE/MAX Revolution | |||
| | |||
|
The moment you come through the front door of this home your breathe will be taken away. The flow of the main living area is truly out of a magazine. Between the wood beams and wood burning fireplace you can't help but feel at home. This home has endless updates, complete with the garage lovers dream. The Vanada Woods community offers waterfront living without the flood zone. Be apart of the wonderful association with access to boat slip rentals, beach and activities for an annual fee. Boaters Paradise with F-Cove & Point Pleasant near by. This is truly a rare find in the beautiful Vanada Woods community.
| |||
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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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ft²
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HOA + Taxes
About Ocean
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Listed by: Lori Eipel, RE/MAX Revolution
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22523108
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: 11 months ago
Data Source: MOMMLS, MLS# 22523108
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