Camden
143 NORCROSS RD
$125,000
●
House -
Off Market
143 NORCROSS RD
BERLIN, NJ 08009
Studio
2 Baths
1,440 Ft²
$124,535
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Multiple Offers - Highest & Best due by Noon on 9/4/23
Property is presently used as a Church. Upstairs you'll find an inviting vestibule which leads into the main church Chapel/Sanctuary. Basement has Kitchen, Dining Area, Storage, and Two Bathrooms. Property has multiple entrances and exits. Sits on 1.17 Acres of Land. Because of it's current use as a Non-Profit Religious Organization, it's currently listed on the Tax Roles as Exempt Use Religious & Charitable Church. This property, known as Gods Little Chapel, is ready and waiting for it's next owner as a church or if preferred the building can easily be converted into a Social Hall or Community Gathering Facility. Property is being offered "As Is". Buyer is responsible for Certificate of Occupancy; Fire Cert; Termite Cert and all other certifications required to Close. Buyer may perform inspections but will be for informational purposes only. Property has a newer Well installed 2020; Newer Roof installed 2020; and Recently serviced Septic; Make an appointment today to see all that this property has to offer.
Property is presently used as a Church. Upstairs you'll find an inviting vestibule which leads into the main church Chapel/Sanctuary. Basement has Kitchen, Dining Area, Storage, and Two Bathrooms. Property has multiple entrances and exits. Sits on 1.17 Acres of Land. Because of it's current use as a Non-Profit Religious Organization, it's currently listed on the Tax Roles as Exempt Use Religious & Charitable Church. This property, known as Gods Little Chapel, is ready and waiting for it's next owner as a church or if preferred the building can easily be converted into a Social Hall or Community Gathering Facility. Property is being offered "As Is". Buyer is responsible for Certificate of Occupancy; Fire Cert; Termite Cert and all other certifications required to Close. Buyer may perform inspections but will be for informational purposes only. Property has a newer Well installed 2020; Newer Roof installed 2020; and Recently serviced Septic; Make an appointment today to see all that this property has to offer.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$87
Property Type
House
Property Taxes
-
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-
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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 (Bright MLS #NJCD2053316)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 17, 2023 | In contract | - | |
| In contract | |||
| Aug 17, 2023 | Listed by Century 21 Rauh & Johns | $125,000 | |
| Listed by Century 21 Rauh & Johns | |||
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About Camden
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Listed by: Dolores Wood
Century 21 Rauh & Johns
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCD2053316
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Century 21 Rauh & Johns
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCD2053316
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