$860,000
●
House -
Off Market
203 Conover Road
Morganville, NJ 07751
3 Beds
3 Baths
$774,447
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Introducing this one-of-a-kind custom designed home, located on a
picture perfect 3.9 acres of pristine private property with
gorgeous sunrises & sunsets. It features a fenced in area with a
barn if horses are desired. Move right into this completely
remodeled home that spared no expense. Additional features:
Circular driveway, open floor plan with shiplap cathedral ceilings,
LR/DR combo, Family Rm with floor to ceiling stone Fireplace and
built-in sitting area. Kitchen has SS Appliances, Wolf stove,
Pizza oven, wine ref., granite counter tops, 3 tastefully done full
baths. Finished basement with high ceiling and kitchenette. Enjoy
the new paver patio with outdoor kit. just waiting for your
finishing touches and equipped with outdoor pizza oven. Ready for
move-in...a fabulous house for entertaining or relaxing with lots
of privacy.
A wonderful House to call Home!
A wonderful House to call Home!
Unit Size
-
Days on Market
-
Land Size
3.90 acres
Price per sqft
-
Property Type
House
Property Taxes
$971
HOA Dues
-
Year Built
1973
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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 #22228384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by Heritage House Sotheby's International Realty | $730,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Nov 20, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by Gloria Nilson & Co. Real Estate | $474,900 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
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This unique home lies on 3.9 private acres of pristine property. Built with rustic wood and stone, This custom designed home is not to be missed. Vaulted wood ceilings and a rock floor-to-ceiling fireplace create an inviting aesthetic that lends to the open floor plan. Interior features 8 ft solid wood doors, custom hardware and flooring throughout. High and dry basement, two-car detached garage plus a fenced in area with stable for horses! Bring your design finishes to this home Seller has architectural renderings for interested buyers.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Morganville
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Listed by: Maryann Callahan, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22228384
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: 2 years ago
Data Source: MOMMLS, MLS# 22228384
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