Listed by: Peter Lorenzo, [email protected], Keller Williams Realty Metropolitan, (973) 539-1120, Listing Courtesy of NJMLS
$670,000
●
House -
Off Market
3 Beech Drive
Morris Plains Boroug, NJ 07950
5 Beds
3 Baths
$668,172
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Charming Home in an Idyllic Setting! Sprawling Raised Ranch set on
a tranquil, offering abundant space & comfortable living. You're
welcomed by a lovely covered front porch surrounded by mature
landscaping before entering the foyer and open living & dining room
beyond, featuring gleaming hardwood floors & recessed lighting.
Large eat-in kitchen with access to a convenient laundry room
& attached 2-car garage, as well as a shady patio. Spacious family
room has sliding doors out to a wonderful, enclosed porch with
views of the serene large flat backyard. Down the hall, the Primary
Bedroom with 2 WIC and en-suite renovated bath, 3 generously sized
bedrooms & a bathroom complete this level. 2 additional bedrooms &
a full bath are in the upper level, along with a huge bonus space
that's perfect as a playroom or for overnight guests. This home is
in a prime location just blocks away from shopping, dining, & NJ
Transit direct train to NYC, along Rt. 202 & 24, schools, parks and
more.
Unit Size
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Days on Market
-
Land Size
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Price per sqft
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Property Type
House
Property Taxes
$1,026
HOA Dues
-
Year Built
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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 (NJMLS #23014461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Listed by Keller Williams Realty Metropolitan | $675,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Morris Plains
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Listed by: Peter Lorenzo
Keller Williams Realty Metropolitan
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23014461
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Keller Williams Realty Metropolitan
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23014461
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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