Morris
40 Windsor Avenue
$525,000
↑ $40K (8.2%)
●
House -
Off Market
40 Windsor Avenue
Randolph, NJ 07869
3 Beds
1 Bath
1,252 Ft²
$3,060
Est. Monthly
7.23%
Cap Rate
About This Property
Don't let this one pass you by....the perfect raised ranch has
finally hit the market. Literally nothing to do except unpack.
Walking into the home you will notice the gleaming hardwood floors
and spacious open floor plan. The large living room leads into a
beautifully updated kitchen with stainless steel appliances,
stunning granite countertops and a breakfast bar that provides
additional kitchen storage. Off the living room is a large sunroom
which can also be used as a dining room. The first floor is
complete with two bedrooms and full bath which was renovated in
2022. The full basement provides additional living space and
includes a bonus room for a private office or playroom. The space
is functional while still meeting all of your storage needs. This
beautiful home is finished off with a spectacular fenced in rear
yard with a deck and plenty of space to play and entertain on those
wonderful summer nights.
Unit Size
1,252 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$387
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1956
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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 #22334557)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2024 | Price Increased |
$525,000
↑ $40K
(8.3%) | |
| Price Increased | |||
| Mar 8, 2024 | Listed by Howard Hanna Rand Realty | $485,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Don't let this one pass you by....the perfect raised ranch has finally hit the market. Literally nothing to do except unpack. Walking into the home you will notice the gleaming hardwood floors and spacious open floor plan. The large living room leads into a beautifully updated kitchen with stainless steel appliances, stunning granite countertops and a breakfast bar that provides additional kitchen storage. Off the living room is a large sunroom which can also be used as a dining room. The first floor is complete with two bedrooms and full bath which was renovated in 2022. The full basement provides additional living space and includes a bonus room for a private office or playroom. The space is functional while still meeting all of your storage needs. This beautiful home is finished off with a spectacular fenced in rear yard with a deck and plenty of space to play and entertain on those wonderful summer nights.
| |||
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | In contract | - | |
| In contract | |||
| Dec 29, 2023 | Listed by Howard Hanna Rand Realty-Wayne | $485,000 | |
| Listed by Howard Hanna Rand Realty-Wayne | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Morris
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Listed by: Gary K Kraft, Howard Hanna Rand Realty-Wayne
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22334557
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# 22334557
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