$900,000
●
House -
Off Market
602 Mccabe Avenue
Bradley Beach, NJ 07720
4 Beds
3 Baths,
1
Half Bath
$949,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
UNIQUE OFFERING in the VIBRANT BEACH TOWN of BRADLEY BEACH where
you will find 2 homes situated on a 50x100 lot ideally located just
blocks to beautiful beaches and Downtown. Perfect for the
investor-- live in one house while renting the other. The
main house has 2 bedrooms and 1.5 baths. The back house has 2
bedrooms and 1 bath. The homes are metered separately, each
with laundry rooms- ideal for rentals. Plenty of room for
parking with an expansive front lot. Bradley Beach is one of
the hottest real estate markets with amazing restaurants and some
of the most beautiful beaches at the shore. NOW is the time
to enjoy the beach lifestyle and invest in one of the hottest
locations at the shore!!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1902
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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 #22323053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by Keller Williams Realty Spring Lake | $949,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| Jul 16, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | Listed by Keller Williams Realty East Monmouth | $1,000,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
| | |||
|
Antique 2-FAMILY lot. The front house boasts 2 generously sized bedrooms and 1.5 baths. Rear detached garage apartment upstairs has 2 extra bedrooms with a full updated bath and eat-in kitchen. Downstairs has a laundry room and additional room for storage. This lot also offers off-street parking in an oversized driveway. Being just 5 blocks from the beach, live in one and rent out the other! Much potential for both homes! Easy access to Main St, train station, dining and shopping.
***Property being sold AS-IS.
| |||
| May 15, 2023 | Listed by Keller Williams Realty East Monmouth | $1,100,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
| | |||
|
Located in highly desirable Bradley Beach sits a colonial style home with a rear garage apartment that holds endless opportunities. The front house boasts 2 generously sized bedrooms (originally 3) and 1.5 baths along with an eat-in kitchen, mudroom, formal dining room, and an enclosed porch. Rear house upstairs has 2 extra bedrooms with a full bath, eat-in kitchen and enclosed porch. Downstairs has a laundry room and additional room for storage. This lot also offers off-street parking in an oversized driveway. Being just 5 blocks from the beach, live in one and rent out the other! Much potential for both homes! Easy access to Main St, train station, dining and shopping. Now's your chance to move into Bradley Beach before the Summer!!! ***Property being sold AS-IS.
| |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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About Bradley Beach
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Currently no similar homes aroundNearby Rentals
Listed by: Stephanie Liskowitz, Keller Williams Realty Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22323053
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# 22323053
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