Ocean
90 Royal Drive
$670,000
●
House -
Off Market
90 Royal Drive
Brick, NJ 08723
3 Beds
3 Baths
$712,804
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
AMAZING RARE DOUBLE LOT! in CHERRY QUAY with EASY ACCESS to the
OPEN BAY! 3 Bedroom 3 Full Bath Home with Multi-Level Deck
with HOT TUB, VINYL BULKHEAD, Large Yard with Koi Pond! Enjoy the
STUNNING VIEWS from your Family Room Wall to Wall Sliding Doors &
Full Brick FIREPLACE! Kitchen Updated with Newer STAINLESS
STEEL APPLIANCES leads to Dining Room with Hardwood Floors!
Master Suite with BEAUTIFUL WATER VIEWS, PRIVATE BATHROOM,
WALK-IN CLOSET & UPSTAIRS LAUNDRY. TONS of PARKING with OVERSIZED
DRIVEWAY & ADDITIONAL GRAVEL PARKING AREA. 2 Lots were merged
into one. (Check with Brick Twp on Subdivision Possibility)
Home is not required to be raised. Elevation Certificate attached.
OPTIONAL PRIVATE BEACH CLUB Available! DO NOT MISS THIS
OPPORTUNITY.....CALL TODAY
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$854
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: 2 years ago (MOMLS #22135823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2021 | Listed by Keller Williams Realty Monmouth/Ocean | $659,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Oct 3, 2016 | Listed by Diane Turton, Realtors-Brick | $415,000 | |
| Listed by Diane Turton, Realtors-Brick | |||
| | |||
|
Great opportunity to purchase a Brick waterfront for an affordable price! This is for BOTH THE HOUSE AND VACANT ADJACENT LOT COMBINED. Owner represents that this home DID NOT have any water inside during Hurricane Sandy, and therefore, DOES NOT need to be raised. Located in the Cherry Quay section of Brick, this 1440 sqft home offers 3 bedrooms, 2 1/2 baths LR, DR and kitchen.Large living room with double sliding doors and woodburning fireplace have great water views. Master bedroom also shares these vies and spans the entire width of the house. On first floor, owner states there is hardwood under carpeting in DR and LR. Out back is a beautiful 26 x 30, 2-tier deck that was recently redone. Bulkhead is vinyl and also includes dock with exterior pilings. NOT a short sale or bank owned.
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Listed by: Lisa Soubasis, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22135823
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# 22135823
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