29 NEWELL ROAD
About This Property
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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 |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Compass New Jersey, LLC | $275,000 | |
| Listed by Compass New Jersey, LLC | |||
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Forget the steps!! One level living at its finest.
Welcome to 29 Newell Rd, situated in the quaint little town of Mannington.
This 3 bedroom 2 full bath rancher has been tastefully upgraded throughout. This open floor plan offers a “Great Room” 24 x 20 accented with a wood burning fireplace. Adjacent to this area is my favorite little “hang out area”/ man’s cave . This cozy little room offers a built in bar (granite countertop ) ,bar stools included! The kitchen was totally upgraded in 2018 including new white cabinetry,granite countertops , ceramic tile flooring and gas cooking. Inclusive in the main bedroom is its own private full bath ( up- graded in 2018). Additionally ,there are 2 other bedrooms on this level as well as a full hall bath . THe HVAC and HW Heater are less than 5 years old!
The rear of the property is private, backing to a farm and is highlighted by a 12 x 30 maintenance free trex deck .
Don’t wait on this one !!
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| Dec 19, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by New Jersey Home Sales Inc | $149,900 | |
| Listed by New Jersey Home Sales Inc | |||
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Wonderfully remodeled ranch in Mannington. Your like new home features an all new kitchen with new cabinets, new granite countertops, ceramic tile floors and new appliances. New baths with new fixtures. New floor coverings and paint thru out. Also New HVAC and HWH. Will not last!
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| Jan 17, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017