553 Nicholas 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 |
|---|---|---|---|
| Oct 13, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | No longer available | - | |
| No longer available | |||
| Aug 25, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | $535,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | |||
| | |||
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WELCOME HOME! This 4 bedroom 2.1 bath colonial in located in one of the sought after sections of Brick, Jordan Park. Large spacious first floor features a formal living room with brick fireplace, eat in kitchen & large family room/dining area. Upstairs includes 3 spacious bedrooms & impressive owners suite complete with double closets & private bath. There is a finished heated basement for added fun! Relax and enjoy in this tranquil neighborhood on your beautiful front porch or entertain in the amazing backyard featuring an I/G pool & a large paver patio. Perfect for hosting family & friends. The home has an OWNED Solar Panel system. There is a optional homeowners association with waterfront park, playground & boat docking. Close to restaurants, shopping & of course the Jersey Shore.
| |||
| Jul 19, 2022 | Price Decreased |
$599,999
↓ $69K
(10.3%) | |
| Price Decreased | |||
| Jul 6, 2022 | Price Decreased |
$669,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017