913 Ocean Road
About This Property
This spacious residence boasts 4 generously-sized bedrooms, 3.5 bathrooms, and a full finished basement ensuring there's ample room for family and guests. The thoughtful design places the master bedroom on the first floor, providing a convenient and private oasis equipped with (2) walk-in closets and en-suite full bathroom.
As you pull up, you will immediately notice the gorgeous curb appeal of this custom-built home with professional landscaping and mahogany front porch. Step inside, and you'll be captivated by the tasteful and timeless interior. The open-concept living areas are bathed in natural light, creating an inviting ambiance.
The living room features 2-story vaulted ceilings and beautiful gas fireplace. The heart of the home is a chef's kitchen adorned with high-end appliances, sleek countertops, and custom cabinetry. It's a culinary haven for entertaining or preparing meals for loved ones.
High ceilings, open spaces and hardwood floors span throughout the home as the living room flows perfectly into the kitchen, dining room & den overlooking the backyard.
A full finished basement with high ceilings and large windows offers a tremendous additional living space with ample storage space and even features a full bathroom! But the beauty of this property extends beyond its interiors.
Imagine hosting unforgettable gatherings on your large backyard patio, surrounded by meticulously landscaped gardens. The lush greenery creates a serene backdrop for outdoor relaxation and alfresco dining.
For those who value storage and convenience, a detached 2-car garage awaits, providing ample space for vehicles, beach gear, and more. Location is paramount, and this residence does not disappoint. Situated just 1 mile from the pristine Spring Lake beach, you'll have easy access to sun, surf, and sand.
Additionally, the vibrant local scene of shops and restaurants is a short stroll away, ensuring you can indulge in the best that Spring Lake has to offer. This home is not just a house; it's a coastal haven where memories are made, and dreams come to life.
With its recent construction, thoughtful design, and prime location, it's a rare opportunity to own a move-in-ready gem in this highly desirable beach town. Don't miss your chance to make this Jersey Shore paradise your own.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Real Broker, LLC | $1,399,000 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017