Burlington
20 W HANCOCK ST
$67,000
●
Land -
Off Market
20 W HANCOCK ST
RIVERSIDE, NJ 08075
Studio
0 Bath
$86,919
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
This is a beautiful piece of land with established grass and trees
in the right places, flat ground with driveway to rear of
property. Unbelievable describes this unique group of two
attached garages at the rear of the property that could remain and
be used for many things. One is a regular garage and second is a
cozy Man's Cave with a wood burning stove. This is located
within walking distance of the town and post office and many other
nice places to go and also enjoy a nice dinner and relax or if you
can't resist it is also close to that famous bakery and frozen
custard stand. A few block away is a township park and
several stores including a grocery store near by for
those last minute things you forgot. This is UNIQUE and a
must see. Check with the township if you have any
questions concerning residential and or commercial use.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$197
HOA Dues
-
Year Built
-
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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: 4 years ago (Bright MLS #NJBL374482)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Shirley Rossi Realty | $69,900 | |
| Listed by Shirley Rossi Realty | |||
| Aug 26, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $69,900 | |
| Listed | |||
| | |||
|
This is land with garages. Great for your antique cars or other things you can not fit in your other locations! Great for a contractor to store items or have a remote workshop. No heat or water and sewer connected. Electric on the street, buyer to be responsible to hook up at their expense. Water and sewer available at your expense to hook up. No hot water heater on site! No kitchen or living room>>>>>just garages! ! ! ! ! ! ! ! and wood burning stove....Its a true man cave!
| |||
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About Burlington
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Listed by: Shirley Rossi
Shirley Rossi Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL374482
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.
Shirley Rossi Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL374482
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