$60,000
●
House -
Off Market
1216 MERCER DR
BARRINGTON, NJ 08033
4 Beds
2 Baths
$151,062
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model
About This Property
4-5 Bedroom Expanded Brick Cape Cod located in Tavistock Hills.
Featured on the first floor is a Great Room w/PergoFloors, a
woodburning Brick Fireplace, a Bay Window, Chandelier and
wooden beams across the ceiling. The eat-in Kitchen has a Double
Oven and Double Sink, Numerous Cabinets and a newer Stove,
Refrigerator and Ceramic Tile Floor. The Laundry/Utility Rm. plus a
First Floor Bedrm, Full Bath and Den (or another bedrm) complete
the first floor. The Second Floor offers 3 Bedrms, Hardwood Floors,
a Full Bath and Plenty of Storage. This home needs TLC and with the
right vision and deocrator touches, this home could be the perfect
starter home. This Home is now a SHORT SALE and being sold in
strictly "as is" condition. Buyer is responsible for the CO
and all repairs.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1955
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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: 4 years ago (Bright MLS #1003875844)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2014 | Sold | ||
| Sold | |||
| Dec 4, 2013 | Listed by BHHS Fox & Roach-Washington-Gloucester | $209,900 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
| | |||
|
$1000 towards buyers closing costs! Immediate possession! Renovated, all brick cape cod features new cherry kitchen cabinets, granite counters and breakfast bar, all kitchen cabinet doors & drawers are self closing, pantry, ceramic tiled floor, appliance package and more. New roof. Brick fireplace in beamed ceiling family room with pergo style floor. First floor study with French doors. 2 full remodeled bathrooms,vinyl thermal tilt in windows with low egloss.Low energy saving replacement windows,upgraded electric,newer attic fan. Upstairs has 3 large bedrooms, walk-in closet and bonus storage in knee walls, hardwood floors and fresh neutral paint. Additional 1st floor bedroom, great for in-laws, etc. 2 beautiful bay windows allow light to pour in. Save money with new high efficiency gas heater and water heater. Large fenced backyard with over sized patio and shed. Convenient to everything location.
| |||
| Oct 30, 2012 | Sold | ||
| Sold | |||
| Mar 8, 2012 | Listed by BHHS Fox & Roach-Cherry Hill | $70,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Closing Price
Sold On
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HOA + Taxes
About Barrington
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Listed by: Darlene Borda
BHHS Fox & Roach-Cherry Hill
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# 1003875844
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Cherry Hill
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# 1003875844
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