$440,000
●
House -
Off Market
740 Millbrook Road
Brick, NJ 08724
4 Beds
2 Baths,
1
Half Bath
$545,243
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
*IMMACULATE* 4 Bedroom Colonial w/ Finished Basement Sitting on A
Private, Oversized Lot In A Desirable Herbertsville Community! This
Meticulously Maintained Home Features Hardwood Flooring Throughout,
Decorative Moldings, and The Perfect Floor Plan For Entertaining!
Light & Bright Foyer Leads To Spacious Living Room & Dining
Room. Large Eat In Kitchen w/ Walk In Pantry Overlooks The Cozy
Family Room w/ Fireplace & Slider To Backyard. Four Spacious
Bedrooms Upstairs w/ Master Offering a Walk In Closet & Full
Bathroom! Finished Basement For Plenty Of Extra Living & Storage
Space! Step Outside To The Oversized, Fully Fenced, Private
Backyard w/ Hot Tub Included! Incredible Opportunity, Don't Miss
it!
Unit Size
-
Days on Market
54 days
Land Size
0.63 acres
Price per sqft
-
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1972
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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: 5 months ago (MOMLS #22037219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by RE/MAX Central | $415,000 | |
| Listed by RE/MAX Central | |||
| Jun 16, 2017 | Sold | ||
| Sold | |||
| Apr 17, 2017 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | $349,900 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | |||
| | |||
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Desirable 4 bd, 2 1/2 bath colonial in a great Herbertsville community. Nearly 2/3 acre property with a very private yard. Full finished basement. 2 side entry garages. Dramatic screened room addition with adjoining hottub. Family room with fireplace and wood burning insert. Most big ticket items have been replaced - Timberline roof, Anderson double insulated windows, efficient furnace, central A/C, hot water heater, driveway, garage doors, humidifier, refrigerator and wall oven. This home also features beautiful hardwood floors on both levels, a front porch, central vacuum, alarm system, storage shed, 4 ceiling fans, and all appliances. Great area of town with a short distance to the Brick Reservoir complex with walking trail and fishing.
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Property Highlights
Garage
Air Conditioning
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Jason Gumnitz, RE/MAX Central
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22037219
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: 5 months ago
Data Source: MOMMLS, MLS# 22037219
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017