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Burlington 08022
2 Allister Lane
$305,000
● House - Off Market

2 Allister Lane

Columbus, NJ 08022
bedrooms
Studio
bathrooms
2 Baths
square feet
1,610 Ft²
$458,968
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Beautiful 2 Bed 2 Bath expanded Ash Model in Four Seasons Mapleton Community in Mansfield Twp. There is a amazing Clubhouse and Amenities. Home is located on a corner lot and has a nice open floor plan, recessed lighting, bonus sunroom area, patio with electric awning, and 2 car garage with bonus room above garage.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$196
Property Type
House
Property Taxes
$537
HOA Dues
$239
Year Built
2001

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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 (MOMLS #21945416)

Price History

Date / Event Date Event Price
Jan 10, 2020 Sold
Premium
Sold
Nov 12, 2019 Listed by ERA Central Realty Group $315,000
Listed by ERA Central Realty Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,091
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Mansfield Township School District
  • Census Tract: 701401

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 5.01
  • District: 18
  • Parcel: 18 00023- 06-00004
  • Block: 23.06
  • Lot: 4
  • Municipality: MANSFIELD TWP
  • Latitude: 40.0832
  • Longitude: -74.6772

    Address

  • Full Address: 2 Allister Ln
  • Address - House Number: 2
  • Address - Street Name: Allister
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Columbus
  • Carrier Code: R032
  • 4-Digit Zip Code: 2302
  • Zip Code: 08022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $653,928

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 75
  • Final Value: 374,283
  • High Value: 443,394
  • Low Value: 305,172

    Market Valuation

  • Market Total Value: $198,100
  • Market Land Value: $67,800
  • Market Improvement Value: $130,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,100
  • Assessed Land Value: $67,800
  • Assessed Improvements Value: $130,300

    Sales

  • Current Sale Contract Date: Jan 07, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 5522668
  • Previous Sale Recording Date: Nov 26, 2012
  • Previous Sale Contract Date: Oct 06, 2012
  • Previous Sale Amount: $203,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Above Asking

0.12%

Average Days on Market

63

Average Home Size

2050 ft²

Average Home Age

45.8 years

Currently For Sale

1156 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MOMMLS

Listed by: Debra Richford, ERA Central Realty Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21945416
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.

Frequently Asked Questions

When was property at 2 Allister Lane built and last sold?
The property at 2 Allister Lane was built in 2001 and last sold on Jan 7, 2020 for $305,000.
How much is this home worth?
The estimated value of the home located at 2 Allister Lane is $316,294.
What are some comparable homes to 2 Allister Lane?
There are currently no comparable homes to 2 Allister Lane.
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