$254,500
●
House -
Off Market
203 Wells Mill Road
Waretown, NJ 08758
3 Beds
1 Bath
1,294 Ft²
$513,849
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
Custom built home nestled on 5 private wooded acres built in 1960
by owners and is in excellent move-in condition. The rooms
are all freshly painted and is complemented by hardwood floors
throughout that look new. This 3 bedroom, 1 bath home is complete
with a wood burning stove in the oversize living room, sizable
dining room and kitchen with cabinets galore, plus a 3 season room
off the kitchen. The full basement has a work area, basement doors
that lead outdoors and a newer soft water system. Hot water
baseboard furnace is fueled by an above ground oil tank. The well
is inspected yearly and the septic system is new. You must see this
home to believe it. If you want privacy and a well-built home that
was built with pride and tender loving care don't miss out on this
home.
Unit Size
1,294 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$224
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1960
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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 #21530034)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2015 | Sold | ||
| Sold | |||
| Aug 1, 2015 | Listed by Diane Turton REALTORS | $289,500 | |
| Listed by Diane Turton REALTORS | |||
| | |||
|
Custom built home nestled on 5 private wooded acres built in 1960 by owners and is in excellent move-in condition. The rooms are all freshly painted and is complemented by hardwood floors throughout that look new. This 3 bedroom, 1 bath home is complete with a wood burning stove in the oversize living room, sizable dining room and kitchen with cabinets galore, plus a 3 season room off the kitchen. The full basement has a work area, basement doors that lead outdoors and a newer soft water system. Hot water baseboard furnace is fueled by an above ground oil tank. The well is inspected yearly and the septic system is new. You must see this home to believe it. If you want privacy and a well-built home that was built with pride and tender loving care don?t miss out on this home.,Oil Tank Above Ground
| |||
Property Highlights
Parking Available
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 Ocean
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Listed by: Patricia Eppolito, Diane Turton, Realtors-Lacey
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21530034
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# 21530034
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