$1,070,000
●
House -
Off Market
705 Madison Avenue
Bradley Beach, NJ 07720
5 Beds
3 Baths
2,324 Ft²
$1,545,863
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Renovated to perfection. This stately home has old world charm with
all the modern updates. Located just 3 blocks to the beach, this
retreat rests on a large 250 foot deep lot. Perfect for backyard
entertaining or plenty of room for an in-ground pool, cabana and
margueritas. A rare home with 5 generous sized bedrooms and a full
bath on each three levels. Beautiful hardwood floors in the living
room, dining room and bedrooms, bamboo floors in the kitchen and
porcelain tile floors in the 2nd & 3rd floor baths. A gourmet
kitchen with Liebherr and GE Monogram appliances, granite counter
tops, center aisle and cozy dining area. The master bedroom
en-suite bath features a deep bath claw-foot tub & Thermasol steam
shower. Time to rest, relax and enjoy the beach life.
Unit Size
2,324 Ft²
Days on Market
-
Land Size
-
Price per sqft
$480
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1924
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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 #22004832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Pasch Real Estate | $1,114,900 | |
| Listed by Pasch Real Estate | |||
| Oct 30, 2019 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | Listed | $1,124,990 | |
| Listed | |||
| | |||
|
Renovated to perfection. This stately home has old world charm with all the modern updates. Located just 3 blocks to the beach, this retreat rests on a large 250 foot deep lot. Perfect for backyard entertaining or plenty of room for an in-ground pool, cabana and margueritas. A rare home with 5 generous sized bedrooms and a full bath on each three levels. Beautiful hardwood floors in the living room, dining room and bedrooms, bamboo floors in the kitchen and porcelain tile floors in the 2nd & 3rd floor baths. A gourmet kitchen with Liebherr and GE Monogram appliances, granite counter tops, center aisle and cozy dining area. The master bedroom en-suite bath features a deep bath claw-foot tub & Thermasol steam shower. Time to rest, relax and enjoy the beach life. The manager has listed the unit size as 2324 square feet.
| |||
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Property Highlights
Parking Available
Fireplace
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
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Bradley Beach
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Listed by: Mark Pasch, Pasch Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22004832
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# 22004832
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017