51 Birch Drive
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%.
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 |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Exit Realty Jackson NJ | $365,000 | |
| Listed by Exit Realty Jackson NJ | |||
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This cozy three-bedroom ranch in the Baywood Section of Brick is a must see! Amazing curbside appeal and large back yard to hang out and host family gatherings. This quiet neighborhood is located in close proximity to the Jersey Shore. The Angela Hibbard Playground and Dog Park are nearby. The garage has been converted into two spaces, one half storage and one half a bonus room; The bonus room can be used as a fourth bedroom, a den, an exercise room etc. This charming home presents endless possibilities for a new family to call their very own.
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| Nov 27, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $229,900 | |
| Listed | |||
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Cozy and Quaint 3 Bedroom Baywood Ranch situated on a peaceful 80 x 100 parcel with short distance to the Newly Renovated Angela Hibbard Playground and Dog Park. Large backyard and spacious deck with a convenient Storage Shed and Fenced in Dog Area are just some of the amenities this home has to offer. Curl up with a captivating book of your choosing while warmed by the Woodburning Fireplace in your Living Room or light the Coal Stove in your Den. Come enjoy your very own slice of the Jersey Shore and all it has to offer, located conveniently just 2.5 Miles from the Mantoloking Bridge, 3 Miles from Brick Beach and just under 6 miles from all the fun and attractions of both the Point Pleasant Boardwalk and Seaside Heights Boardwalk The manager has listed the unit size as 1274 square feet.
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| Aug 22, 2017 | Listed by RE/MAX Real Estate LTD. | $215,000 | |
| Listed by RE/MAX Real Estate LTD. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017