$10,000
●
House -
Off Market
231 QUAIL RD
MILLVILLE, NJ 08332
3 Beds
1 Bath
816 Ft²
$28,296
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Investment property opportunity or FHA 203K. The property has been
completely gutted and awaiting your interior finish to your perfect
need.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$24
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
1970
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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: 4 years ago (Bright MLS #NJCB125234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Jan 31, 2020 | Listed by The Roarke Agency | $19,900 | |
| Listed by The Roarke Agency | |||
| Mar 31, 2017 | Sold | ||
| Sold | |||
| Nov 21, 2016 | Listed by Exit Homestead Realty Professi | $14,720 | |
| Listed by Exit Homestead Realty Professi | |||
| | |||
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Disclosures: State law requires Smoke/Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Any required system repairs will be the buyer's expense. Repairs: Plumbing system needs repair, Repair damaged gutters, Repair damaged exterior siding, Repair damaged interior walls, Replace missing electrical switches, Replace floor covers throughout, Repair damaged window trim, Repair damaged kitchen cabinets. HUD Home. Sold "AS IS" by elec. bid only. Prop avail 11-21-2016. Bids due by 11-30-2016 11:59 PM Central Time then daily until sold. FHA Case #351-520996. Insured w Escrow Rpr. Eligible for FHA 203K. Lead Based Paint. Finance Terms: Cash, Conventional, FHA
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Property Highlights
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 Laurel Lake
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Currently no similar homes aroundNearby Rentals
Listed by: Phyllis Harvey
The Roarke Agency
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJCB125234
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.
The Roarke Agency
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJCB125234
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017