105 HUBBELL AVE
About This Property
BACK ON THE MARKET. This buyers loss can be your gain. Why continue renting when you can own for less? Introducing 105 Hubbell Ave, a beautifully updated 2-bedroom, 1-bathroom home in Salem, NJ. This property is perfect for first-time homebuyers or investors looking for a valuable addition to their portfolio. Seller is offering a 5,000 seller concession with all full price offers.
**Key Features:**
- **Two Spacious Bedrooms**
- **Modernized Bathroom**
- **New Appliances:** Enjoy the efficiency and reliability of brand-new kitchen appliances.
- **New Windows:** Recently installed throughout the home for enhanced comfort and energy efficiency.
- **New Flooring:** Fresh, contemporary flooring adds to the aesthetic appeal and low maintenance of the home.
Whether you're looking to stop paying rent or expand your investment reach, this home is an ideal choice. Recent updates ensure minimal upkeep, allowing you to move in and start enjoying or renting out immediately. Don't miss out on this cost-effective, turn-key property. Come see how 105 Hubbell Ave can meet your needs and exceed your expectations. Schedule your visit today and take the first step towards owning your future! If you want to rent it out, there is already a recent lead certificate in place.
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Cap Rate Calculator
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 3, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Price Decreased |
$105,000
↓ $10K
(8.7%) | |
| Price Decreased | |||
| Jun 4, 2024 | Relisted | $115,000 | |
| Relisted | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Price Decreased |
$115,000
↓ $10K
(8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017