22925 COLUMBUS RD
About This Property
The private apartment/in-law suite/home office has a full kitchen, living room w. natural gas fireplace, bedroom w. 2 closets, & full bath, door to the patio. UPSTAIRS is the loft that overlooks the family room & kitchen - a great space for working/schooling from home, game room, library. The master bedroom is an open concept space, with a morning kitchen complete w. sink, refrigerator & microwave. Take a warm bath in the open Jacuzzi tub, have your coffee out on the balcony, or read a book by the gas fireplace in the sitting area. The walk-in closet is large & has built-in drawers. OUTSIDE: 36,000 gallon pool w.diving & sliding board. The concrete patio w. drains surround the pool, paver blocks. 6-seat hot tub w. 4 motors, multiple jets, LED lighting. Fire pit & outdoor TV. Outdoor kitchen offers 3 restaurant-grade sinks & faucets, a refrigerator & a natural gas hookup for the gas grill. Gazebo that is plumbed for a natural gas fire pit. All of this is enclosed w. a powder-coated fence & 29 EPHenry block pillars wired for lighting. In addition to the 1-car garage, is a workspace approx 3000sf w. 4 13x10 automatic doors, 220v electric, a 600sf loft, oil heat, a whole-house fan, 3 ceiling fans, & 30-inches of insulation (R19 walls, R30 ceiling). Imagine having your construction, car repair or landscaping business right in your backyard! Private fishing pond. With conveniences at every turn, this home is built for entertaining, & the property is perfect for a business that has large equipment or for a car enthusiast. In the Northern Burlington school district, the property taxes are reasonable & the location is ideal.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Aug 27, 2021 | Listed by ERA Central Realty Group - Bordentown | $700,000 | |
| Listed by ERA Central Realty Group - Bordentown | |||
| Feb 25, 2021 | No longer available | - | |
| No longer available | |||
| Jan 7, 2021 | Price Decreased |
$799,900
↓ $99K
(11%) | |
| Price Decreased | |||
| Nov 22, 2020 | Listed | $899,000 | |
| Listed | |||
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Welcome to 22925 Columbus Road in desirable Mansfield Township! This 5300+ sq/ft custom built home will wow you at every turn. Highlights include expansive living spaces, stunning trim/woodwork, beautiful hardwood floors, creative work areas, and an in-law-suite. In-law suite is an apartment of its own with a full kitchen, bathroom, living room, bedroom, shared, and separate entrance. Chef inspired kitchen boasts wrap-around granite counters, quality cabinetry, built-in kitchen aide mixer, double sink, and ornamental custom lighting. Two story great room features a home theatre, fully functional bar, 2nd level balcony, and office/rec space. Enormous Main bedroom suite hosts a custom fitted walk-in closet, sitting area, jacuzzi tub, gas fireplace, kitchenette, private covered balcony, and spa quality bathroom with 14 shower heads! Fair weather is sure to be enjoyed with this homes heated salt water pool, hot tub, outdoor kitchen, gazebo with gas fire hook up, and cozy front porch. Value of pavers alone estimated to be over $200k! 4-bay climate controlled 3,000 sq/ft garage features oversized automatic doors and 2nd floor work/storage space. Additional garage, parking lot, concrete pad, and u shaped front driveway provide plenty of parking for those post-covid functions. Established landscape, pond, and wonderful backdrop complete this 1.5 acre oasis. Location is convenient to the district's spectacular schools, shopping centers, numerous tasty eateries, parks, and rec areas. Enjoy an easy commute to Routes 206, 295, the NJ/PA Turnpikes, all Philly bridges, and Joint Base McGuire/Dix/Lakehurst. Make your appointment today! The manager has listed the unit size as 5328 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017