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Wrightstown 08562
216 Platt Avenue
$120,000
● House - Off Market

216 Platt Avenue

Wrightstown, NJ 08562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$237,958
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

This Three Bedroom One Bath Ranch Home Is Located On A Quiet Dead End Street. Within Walking Distance To Stores and Entertainment
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$98
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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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 years ago (MOMLS #21402452)

Price History

Date / Event Date Event Price
Nov 6, 2014 Sold
Premium
Sold
Jan 20, 2014 Listed by Mulcahy Holmes Agency $127,500
Listed by Mulcahy Holmes Agency
Located On A Quiet Street Sits This Three Bedroom One Bath Ranch Home. Enjoy The Privacy Of A Dead End Street. Within Walking Distance To Stores and Entertainment.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,599
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: New Hanover Township School District
  • Census Tract: 704500

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 40
  • Parcel: 40 00601-0000-00047- 02
  • Block: 601
  • Lot: 47.02
  • Municipality: WRIGHTSTOWN BORO
  • Latitude: 40.038
  • Longitude: -74.6096

    Address

  • Full Address: 216 Platt Ave
  • Address - House Number: 216
  • Address - Street Name: Platt
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wrightstown
  • Carrier Code: R003
  • 4-Digit Zip Code: 2320
  • Zip Code: 08562

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,132

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 254,784
  • High Value: 308,835
  • Low Value: 200,733

    Market Valuation

  • Market Total Value: $133,800
  • Market Land Value: $24,900
  • Market Improvement Value: $108,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,800
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $108,900

    Sales

  • Current Sale Contract Date: Nov 06, 2014
  • Current Sale Recording Date: Nov 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wrightstown

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$306

Above Asking

0.02%

Average Days on Market

43

Average Home Size

2898 ft²

Average Home Age

63.5 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MOMMLS

Listed by: Howard Emmons, Mulcahy-Holmes Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21402452
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.

Frequently Asked Questions

When was property at 216 Platt Avenue built and last sold?
The property at 216 Platt Avenue was built in 1983 and last sold on Nov 6, 2014 for $120,000.
How much is this home worth?
The estimated value of the home located at 216 Platt Avenue is $0.
What are some comparable homes to 216 Platt Avenue?
There are currently no comparable homes to 216 Platt Avenue.
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