$440,000
●
House -
Off Market
776 Lexington Drive
Brick, NJ 08724
5 Beds
3 Baths
$448,226
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Amazing opportunity to renovate this 5 bedroom, 3 bath bilevel in
prestigious Mayo Estates! This 2600+ home is a diamond in the
rough. Some features include: hardwood floors, Huge master bdrm
suite offering an open jacuzzi tub and master bath, Family room
with ceramic tile planks & french doors leading to the fenced in
3/4 acre property. Oversized bonus/great room leads to 5th bedroom.
2 car garage with direct entry. Baseboard oil heat & Air
conditioner units. This spectacular piece of property used to be so
manicured and offers an inground heated pool, basketball court, a
koi pond and large shed. All of these amazing amenities are covered
with overgrown trees & shrubs! Restore this property to it's
original beauty!. Near GSP & Hwy 195, walking distance to
Reservoir. 10 minutes to beach
Unit Size
-
Days on Market
-
Land Size
0.71 acres
Price per sqft
-
Property Type
House
Property Taxes
$767
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: 3 years ago (MOMLS #22314126)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Keller Williams Shore Properties | $449,900 | |
| Listed by Keller Williams Shore Properties | |||
| Oct 3, 2022 | No longer available | - | |
| No longer available | |||
| Oct 1, 2022 | Listed by Keller Williams Shore Properties | $400,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
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Calling all contractors! Amazing opportunity to renovate this 5 bedroom, 3 bath bilevel in prestigious Mayo Estates! This 2600+ home is a diamond in the rough. Some interior features include: hardwood floors, Huge master bedroom suite offering an open jacuzzi tub and master bath, Family room with ceramic tile planks & french doors leading to the fenced in 3/4 acre property. Oversized bonus/great room leads to 5th bedroom. 2 car garage with direct entry. Baseboard oil heat & Air conditioner units. This spectacular piece of property used to be so manicured and offers an inground, heated pool, basketball court, a koi pond and large shed. All of these amenities are covered with overgrown bushes, trees and underbrush. This home could use a complete overall inside and out. Near GSP & Hwy 195 The manager has listed the unit size as 2676 square feet.
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Property Highlights
Garage
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: Laura Ianiro, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22314126
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# 22314126
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017