$510,000
●
House -
Off Market
40 Cornell Place
Manalapan, NJ 07726
4 Beds
3 Baths
$662,245
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Amazing opportunity to own this well cared for 4 bedroom home in
Manalapan! Updated eat in kitchen with granite counters and full
appliance package. Spacious dining room open to large bright living
room with decorative molding for ease of entertaining. Over-sized
family room with recessed lighting. Master bedroom boasts redone
bathroom with luxurious shower and large walk in closet. All
bedrooms with hardwood floors and ceiling fans. Partial
basement is finished for extra space. Large level fenced lot with
deck and patio area. BRAND NEW A/C was just installed. Top rated
Manalapan schools, close to shopping. Don't miss this opportunity.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1970
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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: 2 years ago (MOMLS #22022889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Price Decreased |
$759,000
↓ $16K
(2.1%) | |
| Price Decreased | |||
| Jul 24, 2024 | Listed by RE/MAX Central | $775,000 | |
| Listed by RE/MAX Central | |||
| | |||
|
Welcome to 40 Cornell Place. This is the one you have been waiting for!! This gorgeous 4 bedrooms 3 full bath split is move in ready. The entry hall has new ceramic tile that leads into the enormous f family room with new flooring and a full bath. The second level has a newer eat in kitchen with granite counters and 42'' cabinets, a living room and dining room with hardwood floors,decorative molding and recessed lighting. Step up to the next level and find the primary bedroom which has a full newer bath with walk-in shower, dressing area and walk-in closet . 3 more generous sized bedrooms, an updated hall bath and hardwood floors complete the upper level
The partial finished basement is the perfect playroom or home office. All of this on a beautiful fenced in half plus acre corner lot
| |||
| Sep 29, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Helene Fox, RE/MAX Central
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22022889
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# 22022889
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