$250,000
●
House -
Off Market
140 PATRICIA LN
RUNNEMEDE, NJ 08078
4 Beds
1 Bath
1,390 Ft²
$1,301
Est. Monthly
About This Property
This is your chance to make this expanded Cape Cod dwelling your
forever home! Enter into a small enclosed porch which then
steps into a hugh living room with built-in shelves, a large dining
room with sliders to a rear deck, and then an eat-in kitchen with
wood oak cabinets with formica countertops and parquet floor,
and one full three piece bath. There are a total of four
bedrooms (two on the first floor with beautiful hardwood floors,
and two on the second floor). Subject has a full basement
with laundry area and walk up exterior rear exit into a fully
fenced rear yard with a screen porch and shed. There is a 150
amp electrical service, and a newer gas hot water heater.
This is ideal for first time home buyers! Selling in
"as is" condition- buyer responsible for any and all repairs.
Don't miss the opportunity to build equity, live in a great
neighborhood, and make this house a family HOME!
Unit Size
1,390 Ft²
Days on Market
34 days
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1951
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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: 2 years ago (Bright MLS #NJCD2074950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$264,900
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Aug 28, 2024 | Listed by Family Five Homes | $274,900 | |
| Listed by Family Five Homes | |||
Property Highlights
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 Runnemede
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Listed by: Anna Chain
Family Five Homes
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJCD2074950
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Family Five Homes
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJCD2074950
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