$720,000
●
House -
Off Market
306 MIDWAY
RIVERTON, NJ 08077
4 Beds
2 Baths
2,809 Ft²
$3,437
Est. Monthly
About This Property
Discover a beautifully preserved historical home near the charming
town of Riverton. This newly renovated property seamlessly blends
modern updates with its timeless character. Step into the spacious
open entryway, perfect for welcoming guests, and enjoy the large,
state-of-the-art kitchen featuring a large island ideal for casual
dining or entertaining. The home offers four generously sized
bedrooms, including an upstairs laundry room for convenience. The
primary bedroom is a true retreat, complete with a walk-in closet
and custom storage system, along with a full en-suite bathroom. The
unfinished basement offers endless possibilities-finish it to your
liking or use it for additional storage. Recent upgrades include
new windows, roof, gutters, HVAC system, water heater, and stunning
landscaping. The freshly laid sod creates a lush, expansive
backyard perfect for hosting gatherings or enjoying quiet evenings
outdoors. With this home, you get the charm of history combined
with the comforts of modern living in close proximity to the golf
course.
Unit Size
2,809 Ft²
Days on Market
23 days
Land Size
0.17 acres
Price per sqft
$249
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1906
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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 (Bright MLS #NJBL2075134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Price Decreased |
$699,900
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by Keller Williams - Main Street | $749,900 | |
| Listed by Keller Williams - Main Street | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Riverton
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Listed by: Taralyn Hendricks
Keller Williams - Main Street
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2075134
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Keller Williams - Main Street
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL2075134
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