Ocean
560 Francis Road
$380,000
●
House -
Off Market
560 Francis Road
Brick, NJ 08723
3 Beds
1 Bath
$405,511
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Great opportunity on this 3 Bedroom 1368 sq ft ranch on
oversized 75x130 fenced in property that backs up to woods for
additional privacy and located in Brick Lake Park with diagonal
views of the lake. Spacious living room with great sunny
morning exposure, dining room and large kitchen. 3 Great size
bedrooms and full bath with tub. Additional heated and cooled
room off back of garage with separate entrance. Garage has
been converted with room for a possible sub compact. Home offers
great possibility for expansion with oversized rear yard. Home has
hardwood flooring in all bedrooms, living room and hallway
underneath carpeting. Gas heat, well water for the lawn as home has
underground sprinklers in the front of home. Central air and
convenient to major shopping and minutes from Garden S entrance for
the commuter. City water /city sewer and city garbage pickup
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1970
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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: 3 years ago (MOMLS #22223647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | No longer available | - | |
| No longer available | |||
| Jul 27, 2022 | Listed by C21 Lawrence Realty, Inc. | $389,900 | |
| Listed by C21 Lawrence Realty, Inc. | |||
| | |||
|
Great opportunity on this 3 Bedroom 1368 sq ft ranch on oversized 75x130 fenced in property that backs up to woods for additional privacy and located in Brick Lake Park with diagonal views of the lake. Spacious living room with great sunny morning exposure, dining room and large kitchen. 3 Great size bedrooms and full bath with tub. Additional heated and cooled room off back of garage with separate entrance. Garage has been converted with room for a possible sub compact. Home offers great possibility for expansion with oversized rear yard. Gas heat, well water for the lawn as home has underground sprinklers in the front of home. Central air and convenient to major shopping and minutes from Garden State Parkway entrance for the commuter. City water /city sewer and city garbage pickup
| |||
| Jul 5, 2022 | Listed by C21/ Lawrence Realty | $399,900 | |
| Listed by C21/ Lawrence Realty | |||
| | |||
|
Great opportunity on this 3 Bedroom 1368 sq ft ranch on oversized 75x130 fenced in property that backs up to woods for additional privacy and located in Brick Lake Park with diagonal views of the lake. Spacious living room with great sunny morning exposure, dining room and large kitchen. 3 Great size bedrooms and full bath with tub. Additional heated and cooled room off back of garage with separate entrance. Garage has been converted with room for a possible sub compact. Home offers great possibility for expansion with oversized rear yard. Gas heat, well water for the lawn as home has underground sprinklers in the front of home. Central air and convenient to major shopping and minutes from Garden State Parkway entrance for the commuter. City water /city sewer and city garbage pickup
| |||
Property Highlights
Garage
Air Conditioning
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: Pasquale Mennella, C21/ Lawrence Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22223647
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: 3 years ago
Data Source: MOMMLS, MLS# 22223647
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