$129,000
●
House -
Off Market
262 RIDGE RD
BROWNS MILLS, NJ 08015
3 Beds
1 Bath
1,420 Ft²
$223,905
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model
About This Property
SELLERS EXTREMELY MOTIVATED, BRING THEM AN OFFER !! This is
not a misprint. 2.55 INCREDIBLE ACRES! Yes. 2.55 INCREDIBLE ACRES.
Welcome home to this private 3 bedroom ranch nestled in on over 2.5
acres. Enjoy the peaceful natural surroundings with wooded views
everywhere. This residence features a comfortable and stylish
living room with new flooring. There is also a formal dining room
also with new flooring along with a Pella sliding glass door with
built in shades, a spacious kitchen, 3 bedrooms and a main bath
with new vanity. Newer windows and doors throughout. A one
year HMS home warranty is included. Hurry on out because this one
is certain not to last on the market for very long. BRAND NEW
SEPTIC BEING INSTALLED SHORTLY.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
2.55 acres
Price per sqft
$94
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1955
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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 (Bright MLS #1002387478)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2016 | Sold | ||
| Sold | |||
| Feb 20, 2016 | Listed by Weichert Realtors-Burlington | $132,900 | |
| Listed by Weichert Realtors-Burlington | |||
| May 11, 2012 | Sold | ||
| Sold | |||
| Jan 16, 2012 | Listed by RE/MAX Executive Realty-Pemberton | $99,900 | |
| Listed by RE/MAX Executive Realty-Pemberton | |||
| | |||
|
Great opportunity to own a private 3 bedroom ranch style single family home on over 2.5 acres. Living room is connected to the dining room giving an open and airy feel. Sliders off of the dining room lead to the screened in porch. Enjoy the wooded views and various local birds and animals from your porch! Currently, the kitchen and bathroom do need some light updating but the price does reflect condition. Plenty of closet and storage space throughout. Pull down attic stairs allow for easy access to additional storage. Large driveway can accomodate many vehicles.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Burlington
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Listed by: Maria Jobes-Hogan
Weichert Realtors-Burlington
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 1002387478
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.
Weichert Realtors-Burlington
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 1002387478
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