Ocean
625 Drum Point Road
$425,000
●
House -
Off Market
625 Drum Point Road
Brick, NJ 08723
3 Beds
1 Bath
1,015 Ft²
$2,429
Est. Monthly
About This Property
Welcome to this 3-bedroom, 1-bath home located in the desirable
community of Shore Acres. This property is full of
potential-perfect for those looking to make it their own or invest
in a sought-after neighborhood near the water. The home sits on an
oversized lot, offering plenty of outdoor space. A highlight is the
huge detached garage, ideal for car enthusiasts, hobbyists, or
anyone needing extra workspace or storage. Residents can join the
Shore Acres Club, which offers access to two private bay beaches, a
beautiful waterfront clubhouse, social events, and a boat ramp with
available slip rentals-everything you need to fully enjoy coastal
living. With a little work and vision, this home has the potential
to truly shine. Bring your ideas and make it your own!
Unit Size
1,015 Ft²
Days on Market
36 days
Land Size
0.29 acres
Price per sqft
$393
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1938
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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: 11 months ago (MOMLS #22533405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | $399,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | |||
| Apr 24, 2015 | Sold | ||
| Sold | |||
| Mar 9, 2015 | Listed by EXIT Realty East Coast Shirvanian | $125,000 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
| | |||
|
*BANK HAS ACCEPTED OFFER* Welcome home... Simply filled with potential, but beautiful already. Bring your decorating ideas to this is a gem for ANY buyer!! Large yard in Shore Acres includes oversized 32 X 24 garage with workshop area. Deck, Patio and secure fenced in yard to spare. Must see inside to appreciate this home. Superior family area that offers many activities. Don't let this one get by without a look... You won't believe the value & affordability of home ownership! NO KNOWN FLOOD/STORM DAMAGE.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Listed by: Lisa Giovine, Berkshire Hathaway HomeServices Fox & Roach - Toms River
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22533405
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: 11 months ago
Data Source: MOMMLS, MLS# 22533405
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