$685,000
●
House -
Off Market
115 Hoffman Road
Monroe, NJ 08831
4 Beds
3 Baths
$690,582
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
AMAZING REDONE RANCH WITH FRONT PORCH ON LARGE PRIVATE LOT WITH
NEWER WOOD DECK, SUN DECK, SALT WATER ABOVE GROUND POOL, LARGE
PATIO, POND, FLOWER & VEGETABLE GARDENS, PLUS FULL FINISHED
WALK-OUT BASEMENT WITH LARGE BAR, GREAT ROOM, BEDROOM, FULL
BATHROOM WITH SAUNA & OFFICE/DEN! HOME FEATURES LARGE LIVING ROOM,
FORMAL DINING ROOM, SPACIOUS FAMILY ROOM WITH CUSTOM BUILT-IN'S &
WOODBURNING FIREPLACE, REDONE KITCHEN WITH GRANITE COUNTERS,
ISLAND, PANTRY & STAINLESS STEEL REFRIGERATOR, MASTER SUITE WITH
REDONE BATHROOM WITH ITALIAN TILE, LARGE BEDROOMS, REDONE FULL
BATHROOM WITH HEATED FLOOR & TUB WITH JETS, 2 CAR GARAGE, HARDWOOD
FLOORS, NEW SIDING/ROOF/GUTTERS/DRIVEWAY-6 MONTHS OLD, PUBLIC WATER
& SEWER, BLUE RIBBON SCHOOLS, CLOSE TO TRANSPORTATION, SHOPPING,
PARK, TRAILS, LAKE & PLAYGROUND
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
House
Property Taxes
$773
HOA Dues
-
Year Built
1982
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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 #22211376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by MACK MORRIS - IRIS LURIE, INC. | $675,000 | |
| Listed by MACK MORRIS - IRIS LURIE, INC. | |||
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Amazing redone ranch with front porch on large private lot with newer wood deck, sun deck, salt water above ground pool large patio, pond, flower & vegetable garden, plus full finished walk-out basement with large bar, great room, bedroom, full bathroom with sauna & office/den! Home features large living room, formal dining room, spacious family room, with custom built-in's & woodburning fireplace, redone kitchen with granite counters, island, pantry & stainless steel refrigerator, master suite with redone bathroom with Italian tile, large bedrooms, redone full bathroom with heated floor & tub with jets, 2 car garage, hardwood floors, new siding/roof/gutters/driveway-6 months old, public water & sewer, blue ribbon schools, close to transportation, shopping, parks, trails, lake & playground!
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Middlesex
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Listed by: Laurin LaLima, C21/ Mack Morris Iris Lurie
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22211376
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# 22211376
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