$125,000
●
House -
In Contract
198 WEST AVENUE
PITMAN, NJ 08071
4 Beds
1 Bath,
1
Half Bath
1,690 Ft²
$1,150
Est. Monthly
18.83%
Cap Rate
About This Property
Two-story single-family home with covered front porch. The main
level features a living room, dining area, kitchen, and half bath.
Upstairs offers four bedrooms and a full bathroom. Property sold
as-is, Purchaser responsible for CO. Due to structural issues, the
property is being sold strictly as-is. Property is being sold
subject to the township structural violation.
Unit Size
1,690 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$74
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1900
Listed By
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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: 19 days ago (Bright MLS #NJGL2061866)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$125,000
↓ $50K
(28.6%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$175,000
↓ $15K
(7.9%) | |
| Price Decreased | |||
| Feb 28, 2026 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Dec 18, 2025 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Eat-in Kitchen
Flooring Type: Wood, Brick, Fully Carpeted
Rooms: 8
Exterior Details
Square Footage: 1690
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Estimated
Year Built: 1900
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Other
Patio and Porch Features: Porch
Lot Features: Level, Front Yard, Rear Yard, SideYard(s)
Lot Size Area: 2613.6
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Lot Size Dimensions: 30.00 x 94.00
Tax Lot: 00028
Water Source: Public
Financial Details
Tax Assessed Value: $183,900
Tax Annual Amount: $6,423
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Forced Air
Sewer : Public Sewer
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 Pitman
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Listed by: Yosef Beane
Keypoint Realty LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJGL2061866
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keypoint Realty LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJGL2061866
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017