$675,000
●
House -
For Sale
197 Us Highway 206
Sandyston Twp., NJ 07826
3 Beds
2 Baths,
1
Half Bath
$3,708
Est. Monthly
About This Property
Welcome to this beautifully renovated home featuring a spacious
open-concept layout with high ceilings perfect for modern living
and entertaining. The inviting living room flows seamlessly into
the dining area and updated kitchen featuring quartz countertops,
stainless steel appliances, and modern finishes throughout. The
second level includes all three bedrooms, including a spacious
primary suite featuring a jacuzzi tub and two oversized walk-in
closets. Convenient laundry room. Enjoy peace of mind with brand
new roof, electric, plumbing, and 3 bedroom verified septic system.
Additional features include central air with 2-zone heating and
cooling for maximum comfort year-round. Work area, finished
basement, spacious 2 car garage. Enjoy peaceful country living
perfect for year-round outdoor recreation and scenic escapes. Some
images in this listing have been virtually staged.
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1929
Listed By
ALICIA DEATCHER
LIM BANCES REALTY
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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: 6 days ago (GSMLS #4058913)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by LIM BANCES REALTY | $675,000 | |
| Listed by LIM BANCES REALTY | |||
| May 12, 2026 | Listed by LIM BANCES REALTY | $789,000 | |
| Listed by LIM BANCES REALTY | |||
| | |||
|
Welcome to this beautifully renovated home featuring a spacious open-concept layout with high ceilings perfect for modern living and entertaining. The inviting living room flows seamlessly into the dining area and updated kitchen featuring quartz countertops, stainless steel appliances, and modern finishes throughout. The second level includes all three bedrooms, including a spacious primary suite featuring a jacuzzi tub and two oversized walk-in closets. Convenient laundry room. Enjoy peace of mind with brand new roof, electric, plumbing, and 3 bedroom verified septic system. Additional features include central air with 2-zone heating and cooling for maximum comfort year-round. Work area, finished basement, spacious 2 car garage. Enjoy peaceful country living perfect for year-round outdoor recreation and scenic escapes. Some images in this listing have been virtually staged.
| |||
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage Door Opener, Finished Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: FireExtg, CeilHigh, JacuzTyp, SmokeDet, WlkInCls
Appliances: Dishwasher, Exhaust Fan, Microwave, Refrigerator, Carbon Monoxide Detector, Range/Oven-Electric
Flooring Type: Tile, Wood
Rooms: 7
Basement: Finished, Walk-Out Access
Exterior Details
Architectural Style: Custom Home
Year Built: 1929
Construction Materials: Vinyl Siding
Lot Features: Mountain View
Lot Size Area: 46173.6
Lot Size Units: Square Feet
Lot Size Acres: 1.06
Lot Size Square Feet: 46173.6
Water Source: Well
Financial Details
Tax Assessed Value: $141,500
Tax Annual Amount: $4,723
Utilities Details
Cooling Type: Central Air, Zoned, 2 Units
Heating Type: Forced Air, Heat Pump
Sewer : Septic Tank, Septic 3 Bedroom Town Verified
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 Sussex
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Last Updated: 6 days ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: GSMLS, MLS#
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