$600,000
●
House -
Off Market
16 Frieda Lane
Colonia, NJ 07067
4 Beds
2 Baths,
1
Half Bath
1,966 Ft²
$542,189
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Just painted, this West facing Split is move-in ready. The covered
porch opens to the tiled ground level with bedroom, family room
with gas fireplace, powder room and sliders to the fenced yard and
patio. A few steps up and you're in the sun drenched living room
with hard wood floors, formal dining room overlooking a spacious
deck, and a beautiful white Eat In kitchen with Corian counters and
Travertine tile. Go a few more steps up and find the main bath with
tub/shower, vanity with under-mount sink and overhead lighting, 2
bedrooms and primary bedroom with additional room currently used as
an office, and primary bathroom with jetted tub/shower. The
basement is finished and includes a laundry room. This home has a
tank-less hot water heater, a whole-house water filtration system,
wired for surround sound in the family room and basement, and wired
for a generator for major appliances. Approx 3 miles to Metro Park
train station. Convenient to shopping and highways.
Unit Size
1,966 Ft²
Days on Market
47 days
Land Size
0.17 acres
Price per sqft
$274
Property Type
House
Property Taxes
$1,038
HOA Dues
-
Year Built
1959
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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: 12 months ago (CJMLS #2251267M)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by BHHS NEW JERSEY PROPERTIES | $538,000 | |
| Listed by BHHS NEW JERSEY PROPERTIES | |||
| | |||
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Just Painted, This West Facing Split Is Move-in Ready. The Covered Porch Opens To The Tiled Ground Level With Bedroom, Family Room With Gas Fireplace, Powder Room And Sliders To The Fenced Yard And Patio. A Few Steps Up And You're In The Sun Drenched Living Room With Hard Wood Floors, Formal Dining Room Overlooking A Spacious Deck, And A Beautiful White Eat In Kitchen With Corian Counters And Travertine Tile. Go A Few More Steps Up And Find The Main Bath With Tub/Shower, Vanity With Under-mount Sink And Overhead Lighting, 2 Bedrooms And Primary Bedroom With Additional Room Currently Used As An Office, And Primary Bathroom With Jetted Tub/Shower. The Basement Is Finished And Includes A Laundry Room. This Home Has A Tank-less Hot Water Heater, A Whole-house Water Filtration System, Wired For Surround Sound In The Family Room And Basement, And Wired For A Generator For Major Appliances. Approx 3 Miles To Metro Park Train Station. Convenient To Shopping And Highways.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About Colonia
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Listed by: PRATIKSHA KUMAR
BHHS NEW JERSEY PROPERTIES
Last Updated: 12 months ago
Data Source: CJMLS , MLS# 2251267M
BHHS NEW JERSEY PROPERTIES
Last Updated: 12 months ago
Data Source: CJMLS , MLS# 2251267M
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Address: 335 Madison Avenue, New York, NY 10017