718 Pine Drive
About This Property
PLEASE NOTE PROPERTY IS BEING LISTED AS Uninsured HUD CASE NUMBER: 351-582173
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by DeFelice Realty Group, LLC | $385,000 | |
| Listed by DeFelice Realty Group, LLC | |||
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Welcome to this charming 2-bedroom (with potential for 3) ranch-style home, located in the heart of Brick Township. This beautifully cared-for property features a newer maintenance-free front porch and a stylish paver walkway, complemented by a new asphalt driveway. Landscaping is still underway, adding to the home's curb appeal.
Interior Highlights: Enter through a new storm door into a bright and inviting space. Gleaming hardwood floors flow through the living room and both bedrooms, enhanced by a cozy fireplace.
The kitchen is light and bright, showcasing brand new luxury vinyl flooring and updated appliances.
A versatile bonus room off the kitchen features a full-size washer and dryer and can be easily partitioned for use as a home office, playroom, craft area, or small bedroom. Sliders lead to the rear yard.
Outdoor Features:
Step outside to enjoy a newer maintenance-free deck and a paver patio, perfect for entertaining.
The yard is generously sized, and a storage shed is on-site, currently being painted for that extra touch.
Additional Information:
The home boasts vinyl siding and a Timberline roof, ensuring durability.
Nestled in a wonderful neighborhood with a brand-new park nearby, this location offers easy access to beaches, shopping, the parkway, restaurants, and more.
This house is not just a flip; it's a well-maintained home ready for its new owner. You will be pleasantly surprised by all it has to offer! Don't miss your chance to make it your own!
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| Aug 10, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2016 | Listed by C21/ Lawrence Realty | $209,500 | |
| Listed by C21/ Lawrence Realty | |||
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Great alternative to condominium living! Great private community with township community beach within walking distance. Must see this remodeled 2 Bedroom with beautiful hardwood flooring throughout the bedrooms and living room. Raised hearth fireplace for those chilly winter and fall nights. New kitchen cabinets featuring stainless steel appliances completed in ceramic tile flooring. Den with sliding doors leading to deck and rear yard. Remodeled bath with tub finished in ceramic tiling. Private community with very little outside traffic and all within short distances to Brick Blvd with all it's shopping and restaurants
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017