$350,000
●
House -
Off Market
1960 Lake Road
Whiting, NJ 08759
4 Beds
2 Baths
1,935 Ft²
$573,438
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
A CHARMING COUNTRY CAPE SET ON A PRIVATE WOODED ACRE LOT, with AN
OVER SIZED DETACHED TWO CAR GARAGE is waiting for it's new owner!
This home is located in Roosevelt City and sits back off of a QUIET
COUNTRY ROAD. IN 2014 THE OWNER INSTALLED NEW NATURAL GAS
HEAT, CENTRAL AIR & NEW HOT WATER HEATER. The two car detached
garage has ELECTRIC, two overhead doors & side entrance. The
manicured property has a SPRINKLER SYSTEM front & back, a large
CONCRETE PATIO & a LARGE PARKING AREA in front. Inside features
include VAULTED ceiling, TONGUE & GROOVE woodwork, GAS
FIREPLACE, WOOD floors & TWO RENOVATED BATHROOMS. A
large country kitchen with newer SS appliances, 4 spacious
bedrooms, large closets plus walk in ATTIC STORAGE thru master
closet. MAKE AN APPOINTMENT TO VIEW THIS HOME TODAY!
Unit Size
1,935 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$196
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1978
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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: 3 years ago (MOMLS #21812901)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Apr 15, 2018 | Listed by Weichert Realtors - Forked River | $379,000 | |
| Listed by Weichert Realtors - Forked River | |||
| | |||
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A CHARMING COUNTRY CAPE SET ON A PRIVATE WOODED ACRE LOT, with an OVER SIZED DETACHED TWO CAR GARAGE is waiting for it's new owner! This home is located in Roosevelt City and sits back off of a QUIET COUNTRY ROAD. In 2014 THE OWNER INSTALLED NEW NATURAL GAS HEAT, CENTRAL AIR & NEW HOT WATER HEATER. The two car DETACHED GARAGE has ELECTRIC, two overhead doors and side entrance. The manicured property has a SPRINKLER SYSTEM front & back, a large CONCRETE PATIO & LARGE PARKING AREA in front. Inside features include VAULTED ceiling, TONGUE & GROOVE woodwork, GAS FIREPLACE, WOOD FLOORS & TWO RENOVATED BATHROOMS. A large country kitchen with SS appliances, 4 spacious bedrooms with large closets plus walk-in ATTIC STORAGE. MAKE AN APPOINTMENT TO VIEW THIS HOME TODAY!
| |||
Property Highlights
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: Toni A Gleason, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21812901
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21812901
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