$65,000
●
Land -
Off Market
34 Tower Road
Cream Ridge, NJ 08514
Studio
0 Bath
$139,545
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model
About This Property
Rare opportunity to build on a 1.27 acre parcel in Cream Ridge.
Wooded lot is situated close to Route 537 in the Plumsted school
district.
Unit Size
-
Days on Market
-
Land Size
1.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$297
HOA Dues
-
Year Built
2012
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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 (MOMLS #21203200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by C21/ Action Plus Realty | $440,000 | |
| Listed by C21/ Action Plus Realty | |||
| | |||
|
Original owners have taken great care of home from inside to outside.Built 2012 on a wooded private lot nestled in a great town close to all major roadways, shopping,restaurants,& Laurita Winery!Liv rm w/a pot belly stove helps add warmth & character to spacious rm. Large Kit w/quartz countertops,Kitchen Island&Arabesque backsplashBreakfast nook overlooks serene & secluded wooded yard. Fam rm w/ship lap wall,vaulted ceiling&cut out overlooking cooking section of kitchen. Back sliding glass door leads out to a big beautiful deck overlooking a tranquil quiet relaxing backyard haven. Laundry rm 1st flr. 1Ccar garage w/direct entry into home.Full basement.3Generous size bdrms w/great closet space.NEW:bath vanity,Laminate flooring thru out 1st flr & 2nd flr hallway.Refinished stairs&railing.
| |||
| Apr 23, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Listed | $370,000 | |
| Listed | |||
| | |||
|
Picture perfect is the best way to describe this lovely home! Original owners have taken great care of their home from inside to outside. Built in 2012 on a wooded private lot nestled in a great town close to all major roadways, shopping,restaurants,& Laurita Winery!!! Living rm w/a pot belly stove helps add warmth & character to this spacious room. Large Kitchen w/an abundance of cabinets & countertop space.Breakfast nook overlooks serene & secluded wooded yard. Family rm w/vaulted ceiling & cut out overlooking the cooking section of the kitchen. Back sliding glass door leads out to a big beautiful deck overlooking a tranquil quiet relaxing backyard haven. Laundry room on 1st flr. One car garage w/direct entry into the home.Full basement.Three Generous size bedrooms w/great closet space
| |||
| Jul 12, 2012 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Deborah Madey, Peninsula Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21203200
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: 3 years ago
Data Source: MOMMLS, MLS# 21203200
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