$300,000
●
House -
Off Market
10 Phillips Avenue
Browns Mills, NJ 08015
4 Beds
2 Baths
1,760 Ft²
$1,974
Est. Monthly
11.71%
Cap Rate
About This Property
Lakefront Home! Over 100 Feet of waterfront on this property. This
4 bedroom, 2 Bath home is
on Big Pine Lake and perfect for Kayaking, Boating and Fishing. Home was restored to a
welcoming full time home or a weekend retreat. Home and location have a special charm. This
Lakefront property is private and a perfect host to new memories of family barbeques and
water activities...With so many recreational options, it will provide years of joy and fun. This
home boasts a walk up storage attic with 2 new windows. A large living room and redone wood
burning Fireplace. Enjoy the view from the Beautiful Dining Room/ Sunroom which is adjacent
to the kitchen, large windows and a slider that exits to the side yard for a picnic area. Wake up
to the gorgeous water view from the Main Bedroom Public Water and Sewer, Central AC, New
carpets, New Water Heater. 40 Minutes to the Jersey Shore and closer to Great Adventure.
Horseshoe driveway that has private entrance and exit.
on Big Pine Lake and perfect for Kayaking, Boating and Fishing. Home was restored to a
welcoming full time home or a weekend retreat. Home and location have a special charm. This
Lakefront property is private and a perfect host to new memories of family barbeques and
water activities...With so many recreational options, it will provide years of joy and fun. This
home boasts a walk up storage attic with 2 new windows. A large living room and redone wood
burning Fireplace. Enjoy the view from the Beautiful Dining Room/ Sunroom which is adjacent
to the kitchen, large windows and a slider that exits to the side yard for a picnic area. Wake up
to the gorgeous water view from the Main Bedroom Public Water and Sewer, Central AC, New
carpets, New Water Heater. 40 Minutes to the Jersey Shore and closer to Great Adventure.
Horseshoe driveway that has private entrance and exit.
Unit Size
1,760 Ft²
Days on Market
199 days
Land Size
0.42 acres
Price per sqft
$179
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1916
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #22330319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2023 | Listed by Realty One Group Central | $315,000 | |
| Listed by Realty One Group Central | |||
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Perfect Choice Realty & Property Management | $170,000 | |
| Listed by Perfect Choice Realty & Property Management | |||
| | |||
|
Lakefront!!! Lakefront!!! Lakefront!!!! Calling all investors. Cash Only!!!!Here’s one you wont want to miss. Previous occupants did a real number on this one, but it still has so much potential. This lakefront house has 100 feet of lakefront on the property. The rest of the lot is filled with lush green trees which gives you the privacy you always wanted. This will be a cash only sale. Hold harmless is required before appointment will be granted. 100 feet of lakefront on Little Pine Lake. Flood insurance required for any mortgage on the property.
| |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Browns Mills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Teresa Hargrave, Realty One Group Central
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22330319
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# 22330319
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017