$430,000
●
House -
Off Market
216 Maxim Road
Howell, NJ 07731
2 Beds
1 Bath,
1
Half Bath
$497,269
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
6.3 ACRE FARM PROPERTY WITH 2 BEDROOM 1.5 BATH FARMHOUSE, 5 STALL
HORSE BARN WITH EQUIPMENT STORAGE AREA & PADDOCK/PASTURE** Endless
possibilities on this 6.3 acre in a rural Howell Township location!
Horses & livestock welcome! Level, usable acreage allows potential
for the equestrian, livestock farmer, crop farmer, contractor,
landscaper, antique collector and more. Original 2 bed 1.5 bath
farmhouse with classic wraparound porch, updated kitchen and
hardwood floors is waiting for your finishing touches. Horse barn
with 5 stalls with center aisle design layout opens into a spacious
equipment or general storage area. Fenced paddock/pasture allows
plenty of room for your 4 legged friends to roam. Tenant Occupied.
Property sells AS IS. Don't miss this farm property with tremendous
opportunity!
Unit Size
-
Days on Market
84 days
Land Size
6.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1907
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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: 3 months ago (MOMLS #22107057)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Keller Williams Real Estate - Princeton | $425,000 | |
| Listed by Keller Williams Real Estate - Princeton | |||
| | |||
|
**INVESTMENT OPPORTUNITY: 6.3 ACRE FARM PROPERTY WITH 2 BEDROOM 1.5 BATH FARMHOUSE, 5 STALL HORSE BARN WITH EQUIPMENT STORAGE AREA & PADDOCK/PASTURE** Endless possibilities on this 6.3 acre farm assessed property in a rural Howell Township location! Horses & livestock welcome! Level, usable acreage allows potential for the equestrian, livestock farmer, crop farmer, contractor, landscaper, antique collector and more. Original 2 bed 1.5 bath farmhouse with classic wraparound porch waiting to be restored to your finishing touches. Horse barn with 5 stalls with center aisle design layout opens into a spacious equipment or general storage area. Fenced paddock/pasture allows plenty of room for your 4 legged friends to roam. ARE6 Zoning allows for multiple uses for an investor portfolio. Tenant Occupied. Property sells AS IS. Don't miss this farm property with tremendous opportunity!
| |||
| Oct 7, 2013 | Sold | ||
| Sold | |||
| May 5, 2013 | Listed by Coldwell Banker Realty | $330,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Great opportunity to own this 6 acre horse farm. ''Farm assessed'' and complete with 5 stalls with run in shed, 4 paddocks, separate cottage complete with 1 bedroom, kitchen and full bath. Great location close to Manasquan Reservoir, convenient to Route 195 & GSP and just 10 miles to the beach!
| |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Stacy Butewicz, Keller Williams Princeton R.E.
Last Updated: 3 months ago
Data Source: MOMMLS, MLS# 22107057
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: 3 months ago
Data Source: MOMMLS, MLS# 22107057
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