$999,000
●
House -
Off Market
607 Mccabe Avenue
Bradley Beach, NJ 07720
4 Beds
3 Baths
$1,303,840
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
MULTI GENERATION LIVING. Pristine 3 bedroom, 3 bathroom
CUSTOM HOME with attached IN-LAW SUITE. PLUS Rear Garage 3 bedroom
APARTMENT with private yard. Heated 30x8 sun room and 3rd floor.
Separated by a heated saltwater In-ground Pool. All situated in a
oversized 50x163 lot. Front house features a new kitchen with
quartz counter tops, pocket doors leading to living room with
vaulted ceilings. Vinyl plank flooring. Bathroom w/ whirlpool tub,
motorized retractable awnings, Generator and solar panels. Central
air. Full Basement. 4 levels of living space. Walk to an assortment
of over 20+ restaurants, cinema, bakeries, Riley Park. NJ transit.
Walk or bike to award winning boardwalk and beach offering live
music, miniature golf, bocce ball, play ground and more. 2nd owner
since 1952.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$965
HOA Dues
-
Year Built
1976
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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 #22031798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | In contract | - | |
| In contract | |||
| Dec 9, 2020 | Price Decreased |
$1,025,000
↓ $93K
(8.3%) | |
| Price Decreased | |||
| Nov 15, 2020 | Listed | $1,118,000 | |
| Listed | |||
| | |||
|
MULTI GENERATION LIVING. Pristine 3 bedroom , 3 bathroom CUSTOM HOME with attached 20x24 IN-LAW SUITE. Plus 3 bedroom 2 Car Garage APARTMENT with private yard. Heated sunroom and walk up loft. Separated by a Heated Saltwater In-Ground Pool. All situated on an over sized 50x163 lot. Front house features new kitchen with quartz counter top, french doors, Master Bath with whirlpool, vinyl plank flooring, vaulted ceilings. new central air, solar panels and Generator. Full Basement. Motorized retractable awning. Enjoy a tree lined stroll to over 20+ restaurants, micro-brewery, NJ Transit & Riley Park. Bike or walk to Bradley Beach's award winning boardwalk with miniature golf, live summer music, play ground, Bocce ball, biking & running. Surfing and fish the Atlantic. 2nd owner since 1952
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bradley Beach
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Listed by: Richard Davidson, RE/MAX Revolution
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22031798
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# 22031798
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