$844,500
●
House -
Off Market
16 NORMANDY DRIVE
JACKSON, NJ 08527
4 Beds
2 Baths,
1
Half Bath
2,880 Ft²
$5,035
Est. Monthly
4.76%
Cap Rate
About This Property
Welcome to Premier at Burke Hollow. This stunning colonial home
features 4-bdrms, 2.5 baths and exudes luxury. Enter through the
two-story foyer with cascading waterfall split staircase. The
expansive kitchen has granite counter seating, pantry, and ext.
breakfast nook. Great room with overlook from upstairs, soaring
ceilings and a beautiful gas fireplace ideal for cold winter
evenings. Oversized formal dining & living room. Owner's bedroom
features a sitting area, walk in closet, and ensuite bath. Step
outside into the beautiful backyard oasis to enjoy the well
maintained inground pool great for summer BBQ's and hosting. Just
shy of an acre of private land, large basement, 2 car garage, and
laundry room.
Unit Size
2,880 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$281
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1998
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Cap Rate Calculator
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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 #NJOC2031064)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Price Decreased |
$810,000
↓ $90K
(10%) | |
| Price Decreased | |||
| Feb 12, 2025 | Price Increased |
$900,000
↑ $90K
(11.1%) | |
| Price Increased | |||
| Feb 1, 2025 | Listed by Keller Williams Premier | $810,000 | |
| Listed by Keller Williams Premier | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Ocean
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Listed by: Patricia Hogan
Keller Williams Premier
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJOC2031064
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Keller Williams Premier
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJOC2031064
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