$208,500
●
House -
Off Market
21 LOCUST RD
VILLAS, NJ 08251
4 Beds
2 Baths
1,680 Ft²
$331,078
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Excellent Opportunity & Value For Your 1st Home/Downsizing Or Shore
House! Everything Has Been Done For You, Start Packing!
4Bed/2Bath 1680 SQFT Ranch Home w/ Sunroom Addition/ Oversized 1
Car Garage/ Large Backyard w/ Composite Deck & 8 Car Driveway!
Multiple Mechanical Upgrades New Roof! Property Converted From Oil
To Gas! Newer Gas HVAC System & Tankless On Demand Water
Heater! 2 Gas Fireplaces! Spacious Open Eat-In Kitchen w/ Gas
Line For Gas Stove! Large Dining Room & Family Room w/ Ceiling Fans
& Plenty Of Natural Light! Large Master Bedroom w/ In Suite Full
Bath & Large Closet! 3 Additional Bedrooms Are Very Good Size & All
Offer Plenty Of Closet Storage! Ceiling Fans In All 4 Bedrooms!
Very Large Hallway Closet For Even More Storage! Bright Sunroom
Addition w/ Ceiling Fan & Gas Fireplace/ Sliding Glass Door Leads
To Deck/ Patio/ Yard & Garage! Large Flat Fully Fenced Backyard Is
Perfect For Outdoor Entertaining! Maintenance Free Composite Deck!
Oversized Detached 1 Car Garage Offers An Abundance Of Storage!
Vinyl Picket Style Fence Adds Curb Appeal & Creates A Private Fully
Fenced Front Yard! Sprinkler & Alarm System! Just 10 Short
Minutes Away From Cape May & Wildwood Towns & Beaches! This
4Bed/2Bath 1680 SQFT Ranch Home w/ Sunroom Addition Features Many
Major Mechanical Upgrades/ Large Fully Fenced Yard/ Composite Deck/
Oversized 1 Car Detached Garage & 8 Car Driveway! Excellent Value
For Year Round Residence Or Shore House Get Away! 21 Locust Road
Truly Deserves A Reservation At The Top Of Your Must See List!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$122
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1998
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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 #1003648705)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 14, 2017 | Listed by RE/MAX Properties - Newtown | $204,900 | |
| Listed by RE/MAX Properties - Newtown | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Villas
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Listed by: Catherine Boytos
RE/MAX Properties - Newtown
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# 1003648705
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.
RE/MAX Properties - Newtown
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# 1003648705
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