122 AVIS MILL ROAD
About This Property
Absolutely AMAZING Farmette located on just over 5 Acres! Raised Rancher with approximately 2800 Square Feet of finished living space. Excellent Road Frontage and Extended Driveway to separate the home from the road. Home features 2 Large BR's and 2 (Updated) Full Baths. The finished lower level adds a ton of square footage to this home and features a double door walk out, and an extra room for storage. Updated Eat-in Kitchen w/ new cafe stainless steel appliances, NEW LVP flooring upstairs and down, new light fixtures, Spacious living room with a beautiful bay window, etc.. Primary Suite w/ Full Bath, NEW Paint Throughout, NEW Water Filtration System, and much more! The 5 acres have been extremely well manicured and already set to home your horses, goats, pigs, etc... Detached 40x24 pole barn with 9ft overhang with 2 horse stalls, 2 NEW run-ins in the pastures, and plenty of room for storage or to add more stalls! Huge vinyl fenced in pasture out back, that backs to the woods. Property has leased solar panels for reduced electric bills: solar lease is 142.84 and electric bills average about $7/month!
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by eRealty Advisors, Inc | $500,000 | |
| Listed by eRealty Advisors, Inc | |||
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by BHHS Fox & Roach-Mullica Hill South | $399,900 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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Welcome to 122 Avis Mill Rd! An adorable farmette located on 5.10 acres in Pilesgrove Twp. This property holds a raised rancher located privately away from the road featuring 2 bedrooms and 2 full baths with a finished walk out basement. Eat in kitchen features granite counter tops, tile flooring, and lots of counter space! Spacious living room with a big beautiful bay window with even better views! The primary bedroom has a walk in closest and full bath. Second bedroom is located on the other side of the home alongside a large full bathroom with double vanity. Downstairs is a finished basement with walk out level sliding glass doors to the patio! There is also an unfinished area for all your storage needs, and washer and dryer! All appliances are included in the sale! You will love your 5 acres of manicured grounds! There is a 40x24 pole barn with 9ft overhang with 2 horse stalls, and plenty of room for storage or to add more stalls! Huge vinyl fenced in pasture out back, that backs to the woods. Property has leased solar panels for reduced electric bills. Conveniently located just 1 mile to route 40, 20 min to Delaware, and 10 miles to route 295! Schedule your tour today to come see this special property in person. Prequalified buyers only please, limited showing times are available. Showings to begin Thursday 8/25 at 1pm!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017