$490,000
●
House -
Off Market
26 Melissa Lee Drive
Jackson, NJ 08527
4 Beds
2 Baths,
1
Half Bath
$693,303
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
NOW IS YOUR CHANCE! The BEST LOCATION in the neighborhood * Sitting
at the end of the cul de sac & surrounded by total PRIVACY. YOU
WILL LOVE IT! 4 bedroom COLONIAL * Custom landscapes, outdoor
lighting, extended driveway, side entry garage, 2 story foyer,
living room, dining room, eat in kitchen & family room with
the best views of the backyard oasis. MASTER SUITE is large * BONUS
attached sitting room, 2 walk in closets, private master bath w/
soaking tub. All bedrooms are a great size w/ newer flooring
/carpeting. Laundry room on main level, all appliances are
included, state of the art thermostat w/smart phone technology.
SOLAR PANELS ARE OWNED! YOU GET ALL THE BENEFITS. Extended outdoor
dining, deck, SCREENED gazebo, patio, HEATED IN GROUND POOL, fenced
area, plenty of grass to play.
Unit Size
-
Days on Market
50 days
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1998
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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: 2 years ago (MOMLS #21945246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Nov 3, 2022 | Listed by RE/MAX On The Move Realty | $899,000 | |
| Listed by RE/MAX On The Move Realty | |||
| | |||
|
This one of a kind property you don't want to miss. Located at the end of a private cul de sac in the sought after Melissa Lee Neighborhood. Enter the property by driving down the expansive driveway studded with custom lit pear trees. You will be welcomed home by the beautifully manicured, lighted, and landscaped property with 12 zone smart sprinkler system with app. The 4 bedroom 2.5 bath home boasts a two car side entry garage, 2 story foyer, eat in kitchen and family room with view of the backyard. Kitchen has granite counter tops, stainless steel appliances. Master suite is large with bonus attached sitting room, 2 walk in closets, private master bath w/ soaking tub and skylight. The manager has listed the unit size as 2138 square feet.
| |||
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Nov 11, 2019 | Listed by C21/ Action Plus Realty | $474,000 | |
| Listed by C21/ Action Plus Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
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 Ocean
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Listed by: Susan Staffordsmith, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21945246
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: 2 years ago
Data Source: MOMMLS, MLS# 21945246
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