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Budd Lake 07828
5 Mohawk Trail
$125,000
● House - Off Market

5 Mohawk Trail

Mount Olive, NJ 07828
bedrooms
4 Beds
bathrooms
3 Baths
$235,698
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

This is a 2 Story home, features 4 bedrooms and 3 full bathroom, 1 car attach garage, spacious kitchen, dining room, living room and a nice deck.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
1948

Payment Calculator

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Cap Rate Calculator

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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: 3 years ago (MOMLS #21629761)

Price History

Date / Event Date Event Price
Nov 23, 2016 Sold
Premium
Sold
Jul 27, 2016 Listed by C21/ Value Plus Realty $139,900
Listed by C21/ Value Plus Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,302
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,730
  • Total Building Area: 3,128
  • Building Area: 3,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMP OF COUNTRY CLUB ESTATES
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: B326 L1

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046110

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 18
  • Account Number: 3055
  • District: 27
  • Parcel: 27 01801-0000-00005
  • Block: 1801
  • Lot: 5
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8745
  • Longitude: -74.7617

    Address

  • Full Address: 5 Mohawk Trl
  • Address - House Number: 5
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Budd Lake
  • Carrier Code: C001
  • 4-Digit Zip Code: 2018
  • Zip Code: 07828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,011,739

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 605,702
  • High Value: 713,373
  • Low Value: 498,032

    Market Valuation

  • Market Total Value: $373,771
  • Market Land Value: $139,891
  • Market Improvement Value: $233,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,800
  • Assessed Land Value: $115,200
  • Assessed Improvements Value: $192,600

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2017
  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017036780
  • Previous Sale Recording Date: Dec 16, 2016
  • Previous Sale Contract Date: Nov 03, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Budd Lake

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1515 ft²

Average Home Age

39.4 years

Currently For Sale

37 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MOMMLS

Listed by: Yeruchom Koslowitz, C21/ Value Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21629761
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.

Frequently Asked Questions

When was property at 5 Mohawk Trail built and last sold?
The property at 5 Mohawk Trail was built in 1948 and last sold on Jun 7, 2017 for $344,900.
How much is this home worth?
The estimated value of the home located at 5 Mohawk Trail is $0.
What are some comparable homes to 5 Mohawk Trail?
There are currently no comparable homes to 5 Mohawk Trail.
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