$2,775,000
●
Land -
Off Market
6 Crescent Drive
Brielle, NJ 08730
Studio
0 Bath
$4,673,278
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Build your waterfront estate at one of New Jersey's most desirable
locations. Rarity creates value in what may be the best spot on
Crescent Drive, with breathtaking views and no bridges to open
water. Rebuild the existing 5 bedroom structure (which features H/W
floors, a stone fireplace and views from most rooms),or design the
new home of your dreams. The perfect lifestyle includes a dock
behind your luxury home, and the channel has just been dredged, so
large boats are welcome. The riparian lease has direct ocean access
by way of Crabtown Creek which is only a few hundred feet from the
lower Manasquan River. Both areas have recently been dredged. Water
depth in the channel will be 7 feet at low tide. Crescent Drive is
also a short walk to the Manasquan Beach. This is the life!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$3,908
HOA Dues
-
Year Built
1940
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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 #21732108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Aug 6, 2022 | Listed by Keller Williams Realty Spring Lake | $4,250,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
|
This is a coming soon and can not be shown until August 12th.Call today to reserve your private showing.Yes this is the spot that dream homes are made of.A true boater's delight on desirable Crescent Drive.No bridges to open water-sight line to the Manasquan Inlet from your dock.Renovate existing coastal cape or build new.Amazing opportunity to take advantage of the wider 102 foot frontage with room for a pool and more.This property boasts your very own sand beach, great for launching paddle boards and kayaks with ease.Crescent Drive is truly a special spot, often hearing ''Oh, that is my favorite street, I would love to live there.'' Now is your chance, all that is waiting is for you to create your dream come true. Owner can close quickly, still time to enjoy local summer. Call today!
| |||
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $2,950,000 | |
| Listed | |||
| | |||
|
Build your waterfront estate at one of New Jersey's most desirable locations. Rarity creates value in what may be the best spot on Crescent Drive, with breathtaking views and no bridges to open water. Rebuild the existing 5 bedroom structure (which features H/W floors, a stone fireplace and views from most rooms),or design the new home of your dreams. The perfect lifestyle includes a dock behind your luxury home, and the channel has just been dredged, so large boats are welcome. The riparian lease has direct ocean access by way of Crabtown Creek which is only a few hundred feet from the lower Manasquan River. Both areas have recently been dredged. Water depth in the channel will be 7 feet at low tide. Crescent Drive is also a short walk to the Manasquan Beach. This is the life!
| |||
| Aug 16, 2017 | Listed by Gloria Nilson & Co. Real Estate | $2,950,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brielle
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Listed by: Brian M Church, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21732108
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# 21732108
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