$115,000
●
House -
Off Market
371 Cassville Road
Jackson, NJ 08527
3 Beds
2 Baths,
1
Half Bath
$225,683
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Great Opportunity! In the heart of Jackson sits this open &
sprawling 3.13 acre property. This large home is a 1,994 square
feet, has huge family room with fireplace, 4 bedrooms, 1.5
bathroom, full basement and 2 porches. The home is in need of major
renovation, repair and updating. Consider these options: renovate
and either live in or resell this home. Enjoy this great and very
large property which is located in good convenient neighborhood
near the Jackson Outlets, Six Flags Great Adventure, 195 Turnpike
and so much more! Being offered strictly ''as-is''. Buyer
responsible for any and all inspections/certificate of occupancy
and any repairs.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1939
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #21820193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $149,000 | |
| Listed | |||
| | |||
|
Great Opportunity! In the heart of Jackson sits this open & sprawling 3.13 acre property. This large home is a 1,994 square feet, has huge family room with fireplace, 4 bedrooms, 1.5 bathroom, full basement and 2 porches. The home is in need of major renovation, repair and updating. Consider these options: renovate and either live in or resell this home. Enjoy this great and very large property which is located in good convenient neighborhood near the Jackson Outlets, Six Flags Great Adventure, 195 Turnpike and so much more! Being offered strictly ''as-is''. Buyer responsible for any and all inspections/certificate of occupancy and any repairs.
| |||
| May 23, 2018 | Listed by RE/MAX Generations | $149,000 | |
| Listed by RE/MAX Generations | |||
| | |||
|
Great Opportunity! In the heart of Jackson sits this open & sprawling 3.13 acre property. This large home is a 1,994 square feet, has huge family room with fireplace, 4 bedrooms, 1.5 bathroom, full basement and 2 porches. The home is in need of major renovation, repair and updating. Consider these options: First, renovate and either live in or resell this existing home. Second, remove the exiting home and build a brand new home. Please perform all due diligence with Jackson Township. Enjoy this great and very large property which is located in good convenient neighborhood near the Jackson Outlets, Six Flags Great Adventure, 195 Turnpike and so much more! Being offered strictly as is. Buyer responsible for any and all inspections/certificate of occupancy and any repairs.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Ocean
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Currently no similar homes aroundNearby Rentals
Listed by: Michael Minervini, RE/MAX Generations
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21820193
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# 21820193
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