$245,080
●
House -
Off Market
259 ELK RD
MONROEVILLE, NJ 08343
4 Beds
3 Baths,
1
Half Bath
3,137 Ft²
$362,647
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Looking for a great opportunity? Look no more! This property has
tons ofpotential, this home was built in approx.. 1999 with
approx.. 3137 square feet of living space. This home has tons of
character and charm. It is located close to main roads with easy
access to local amenities. This property will not last.***Property
Condition Disclosure, EXT- Left side: Sects of vinyl
sidingmissing/disrepair. Rear: Deck stairs and handrail in
disrepair and sects of deck floor coming up. Right side: Door sill
and frame decayed. INT- Foyr: Hole incloset wall. EIK: Ceil in
disrepair. FM RM: Door handle/lock in disrepair.LNDRY: Door trim
removed. 2nd Floor- MSTR: Crpt removed and treated
fordiscoloration. MSTR BTH: Shower fixture missing and ceil in
disrepair. Hall:Multiple holes in wall and ceil in disrepair. BD1:
Crpt removed and multipleholes in wall. BSMT: Water puddles on
floor, sect of wall paint peeling andbaseboard heat
rusted/disrepair.
Unit Size
3,137 Ft²
Days on Market
-
Land Size
3.39 acres
Price per sqft
$86
Property Type
House
Property Taxes
$1,027
HOA Dues
-
Year Built
1999
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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 #NJGL260464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | Relisted | $424,900 | |
| Relisted | |||
| Apr 11, 2021 | No longer available | - | |
| No longer available | |||
| Mar 14, 2021 | Listed by NextHome Force Realty Partners | $424,900 | |
| Listed by NextHome Force Realty Partners | |||
| | |||
|
This gorgeous, four bedroom, 2.5 bath, colonial home will take your breath away. Stunning white cabinetry and quartz counters in the spacious kitchen, with stainless appliances and a beverage fridge! The open floor plan is ideal for entertaining and adds to the feeling of spaciousness. Custom shiplap wood wall treatment added to the warmth of the fireplace and is a centerpiece in the family room. The primary bedroom impresses with a private and beautiful en suite. Simply too many upgrades to list! The manager has listed the unit size as 3170 square feet.
| |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Gloucester
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Listed by: George Bellino
REALHome Services and Solutions, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJGL260464
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.
REALHome Services and Solutions, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJGL260464
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