Ocean
7 Cedar Island Drive
36
Map
$699,900
↓ $39K (5.3%)
●
House -
For Sale
7 Cedar Island Drive
Brick, NJ 08723
3 Beds
2 Baths,
1
Half Bath
2,190 Ft²
$4,152
Est. Monthly
4.09%
Cap Rate
About This Property
Incredibly maintained home on a private lot, within walking
distance to the water! Great layout for entertaining both inside
and outside on the large deck. The second floor boasts 3 bedrooms
and a full bath. The primary bedroom has its own large on suite
bathroom. Open the door to walk out to your second story deck where
you can enjoy your morning coffee with a beautiful view. The
unfinished space on the third floor offers a ton of possibilities!
This property offers the best of both worlds, a private wooded lot
and has a water view! This home is a must see and will not last
long!
Unit Size
2,190 Ft²
Days on Market
147 days
Land Size
1.39 acres
Price per sqft
$320
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
2013
Listed By
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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: 26 days ago (MOMLS #22612187)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$699,900
↓ $39K
(5.3%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 29, 2026 | Listed by Keller Williams Realty Spring Lake | $749,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| Oct 30, 2025 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Incredibly maintained home on a private lot, within walking distance to the water! Great layout for entertaining both inside and outside on the large deck. The second floor boasts 3 bedrooms and a full bath. The primary bedroom has its own large on suite bathroom. Open the door to walk out to your second story deck where you can enjoy your morning coffee with a beautiful view. The unfinished space on the third floor offers a ton of possibilities! This property offers the best of both worlds, a private wooded lot and has a water view! This home is a must see and will not last long!
| |||
Show More
Property Highlights
Garage
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Paved, Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Basement: None
Exterior Details
Square Footage: 2190
Architectural Style: Colonial
Year Built: 2013
Building Area Total: 2190
Patio and Porch Features: Deck
Lot Features: Back to Woods
Lot Size Area: 1.39
Lot Size Units: Acres
Lot Size Acres: 1.39
Lot Size Square Feet: 60548.4
Water Source: Public
Financial Details
Tax Assessed Value: $316,200
Tax Annual Amount: $8,582
Utilities Details
Cooling Type: 2 Zoned AC
Heating Type: 2 Zoned Heat
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Daniel Tierney, Keller Williams Realty Spring Lake
Last Updated: 26 days ago
Data Source: MOMMLS, MLS# 22612187
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: 26 days ago
Data Source: MOMMLS, MLS# 22612187
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017