$325,000
●
House -
Off Market
347 Ely Harmony Road
Freehold, NJ 07728
2 Beds
1 Bath
880 Ft²
$320,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Adorable two-bedroom ranch in the heart of Freehold Township
situated on just over 1/2-acre. The owner describes this beautiful
property as... ''Charming bungalow surrounded by tranquil
state-owned woods and picturesque field. A handcrafted pavilion and
patio serves as a welcoming area for guests, complemented with
ample parking. Just minutes away from an array of amenities, and
notable NJ restaurants, makes it the perfect blend of solitude and
convenience. Its architecture and land also give development
potential to accommodate a growing family''.
Unit Size
880 Ft²
Days on Market
39 days
Land Size
0.52 acres
Price per sqft
$364
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1925
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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 (MOMLS #22328127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 15, 2023 | In contract | - | |
| In contract | |||
| Oct 8, 2023 | Listed by BHHS Fox & Roach-Princeton Junction | $320,000 | |
| Listed by BHHS Fox & Roach-Princeton Junction | |||
| | |||
|
Adorable two-bedroom ranch in the heart of Freehold Township situated on just over 1/2-acre. The owner describes this beautiful property as… “Charming bungalow surrounded by tranquil state-owned woods and picturesque field. A handcrafted pavilion and patio serves as a welcoming area for guests, complemented with ample parking. Just minutes away from an array of amenities, and notable NJ restaurants, makes it the perfect blend of solitude and convenience. Its architecture and land also give development potential to accommodate a growing family”.
| |||
| Feb 6, 2015 | Sold | ||
| Sold | |||
| May 1, 2014 | Listed by C21/ Mack Morris Iris Lurie | $169,900 | |
| Listed by C21/ Mack Morris Iris Lurie | |||
| | |||
|
GREAT OPPORTUNITY TO OWN THIS 2 BR 1 BATH HOME ON MORE THAN A HALF ACRE IN FREEHOLD TOWNSHIP FOR A GREAT PRICE. BASEMENT AND WALK UP ATTIC THAT IS COMPLETELY FLOORED. QUIET COUNTRY SETTING WITH ROOM TO EXPAND OR PERFECT FOR THE BUYERS THAT NEED PROPERTY. BEING SOLD AS IS, BUT NOT A HANDYMAN OR SHORT SALE. WHY RENT WHEN YOU CAN OWN YOUR OWN HOME.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Monmouth
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Listed by: Kin Hung Lee, Berkshire Hathaway HomeServices Fox & Roach - Princeton Junction
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22328127
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: 2 years ago
Data Source: MOMMLS, MLS# 22328127
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