525 Brielle Road
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 |
|---|---|---|---|
| Sep 21, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by Keller Williams Realty Spring Lake | $645,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
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Why rent when you can own your own home and be the landlord to your friends and have them cover your mortgage? Interest rates are incredibly low for qualified buyers. 3-4 bedrooms (3rd story just needs egress window to count as a 4th bedroom for CO). Just a few hundred feet from the beautiful beaches of Manasquan. Backing up to preserved land, this home has a lot to offer. Live in it yourself or use as an investment property and do summer and winter rentals. Now is the time to get your own piece of the beach lifestyle. Current rental in place for summer 2020.
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| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Mar 12, 2020 | Price Decreased |
$645,000
↓ $14K
(2.1%) | |
| Price Decreased | |||
| Mar 8, 2020 | Price Decreased |
$659,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017