15 HOCKAMICK RD
About This Property
As you step inside, you're greeted by a panoramic view of the rolling countryside, framed by new, expansive windows in the front living area. Top-quality finishes, including granite countertops, stylish Shaker-style cabinets in the kitchen, and sleek stainless steel appliances highlight the home's transformation. Each detail has been carefully selected to ensure the highest standards of comfort, including new doors, windows, electrical systems, plumbing, LED lighting with fans, and luxurious LV flooring.
The lower level offers a versatile living space with a third bedroom, powder room, and a cozy family area. It features an enclosed three-season room-ideal for outdoor entertainment or quiet relaxation. This level is thoughtfully designed so it can be easily converted to an in-law suite with convenient outdoor access, eliminating the need to navigate stairs. The expansive backyard is newly seeded, preparing a lush lawn for summer enjoyment.
Highlighting the commitment to quality and comfort, $40,000 was invested in a new septic and well system, ensuring reliability and peace of mind for years to come. The property even features a whimsically termed 'wooly mammoth burial mound' (new septic system) now seeded with fresh new grass.
Located just 15 minutes from Ft. Dix and McGuire AFB, and under an hour's drive to Seaside Heights, this home offers easy access to both work and leisure. Cookstown and New Hanover Township provide a warm and welcoming community atmosphere, combining historical charm with modern conveniences, making it an ideal place for families and professionals to thrive.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Snappy Home Realty LLC | $388,888 | |
| Listed by Snappy Home Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017