Ocean
708 Drum Point Road
$635,000
●
House -
Off Market
708 Drum Point Road
Brick, NJ 08723
5 Beds
3 Baths
2,520 Ft²
$1,004,760
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION. NEW NEVER LIVED IN. 2,520 sq.ft. WATERFRONT
home built on pilings. Located at the quiet end of Drum Point.2 car
garage w/electric openers, storage space, french doors to back
yard. 1st floor of living space offers maple floors in kitchen,
dining, great room, hallway and foyer. Kitchen has black stone
counters, white soft-close cabinets and drawers, stainless steel
appliances. Center island has additional sink with disposal. LR and
DR area is a HUGE space with 2 extra wide sliders to a 32' x 16'
Trex deck. This floor also has a bdrm, full bath, and laundry rm
with w/d. 2nd fl has master suite w/bonus rm +3 bds, all w/lighted
ceiling fans. Baths have granite tops and porcelain tile. Walk-up
attic has space for 2+ rms. New vinyl dock & bulkhead Baths have
granite tops and porcelain tile. Huge walk-up attic has space
for 2+ rms. New vinyl dock & bulkhead
Unit Size
2,520 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
2017
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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: 2 years ago (MOMLS #21806027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Keller Williams Shore Properties | $699,900 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
BEST OF BOTH!! Step into this fabulous Waterfront Colonial and feel right at home. With your amazing Water views and your own backyard oasis to give you the Beach Vibes all day in every way..just ..bring the cooler! New Composite dock & Bulkhead includes 2 Mooring Whips ready for your boat, 2 oversized garages with ample storage. Lovely Open Floor Plan with 9 ft. ceilings, hardwood floors, 2 master suites, gourmet kitchen with granite counters, soft close cabinets and drawers, tile backsplash and stainless steel appliances. 3-zone heating and cooling. All 2x6 exterior walls, tankless/on- demand water heater. Homes and Gardens should have called by now... you should too. It's all been done here for you! Call today and don't miss out
| |||
| Apr 13, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Price Decreased |
$699,900
↓ $40K
(5.4%) | |
| Price Decreased | |||
| Jan 11, 2020 | Listed | $739,900 | |
| Listed | |||
| | |||
|
BEST OF BOTH!! Step into this fabulous Waterfront Colonial and feel right at home. With your amazing Water views and your own backyard oasis to give you the Beach Vibes all day in every way..just ..bring the cooler! New Composite dock & Bulkhead includes 2 Mooring Whips ready for your boat, 2 oversized garages with ample storage. Lovely Open Floor Plan with 9 ft. ceilings, hardwood floors, 2 master suites, gourmet kitchen with granite counters, soft close cabinets and drawers, tile backsplash and stainless steel appliances. 3-zone heating and cooling. All 2x6 exterior walls, tankless/on- demand water heater. Homes and Gardens should have called by now... you should too. It's all been done here for you! Call today and don't miss out. The manager has listed the unit size as 3404 square feet.
| |||
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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 Ocean
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Listed by: Vincent Rhoades, Diane Turton, Realtors-Bay Head
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21806027
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: 2 years ago
Data Source: MOMMLS, MLS# 21806027
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017