$144,000
●
House -
Off Market
42 ARBUTUS AVE
PITMAN, NJ 08071
2 Beds
1 Bath
1,240 Ft²
$218,110
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
This two story colonial home is located in quaint Pitman.
Walking distance to main street for dinner and a show or
shopping. This home offers two bedrooms on the upper floor
and a room on the main level that can be used as a bedroom, office
or playroom. If you are looking for a home to move into and
have little to do, you have to see this home. The home has
new sidewalks, new porch, new windows, new flooring, new kitchen
cabinets, new countertops and appliances, new bathroom vanity and a
newly installed tile stale shower. The plumbing and
electrical has been brought up to code and updated. It
includes a brand new central air and a new water heater. The
shed out back has electric to it and the yard is big enough for the
whole family and more. The home comes with a 2-10 warranty.
This home is a must see.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$116
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1904
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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: 4 years ago (Bright MLS #1001794716)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2018 | Listed by BHHS Fox & Roach-Mullica Hill North | $144,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill North | |||
| Nov 3, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $42,900 | |
| Listed | |||
| | |||
|
Any and all certs, improvements responsibility of Buyer. AS IS Sale. House being sold by OPG, at state agency. This can be a time consuming process.The manager has listed the unit size as 1240 square feet.
| |||
| Apr 12, 2017 | Listed by The Roarke Agency | $42,900 | |
| Listed by The Roarke Agency | |||
| | |||
|
Any and all certs, improvements responsibility of Buyer. AS IS Sale. House being sold by OPG, at state agency. This can be a time consuming process.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pitman
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Listed by: Rosa Duffield
BHHS Fox & Roach-Mullica Hill North
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# 1001794716
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Mullica Hill North
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# 1001794716
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017