Morris
6 Tara Drive
$725,000
●
House -
Off Market
6 Tara Drive
Parsippany, NJ 07054
4 Beds
3 Baths,
1
Half Bath
$1,211,689
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Beautiful Center Hall Colonial on almost 1/2 an acre lot, with a
full finished recently updated basement, Trex type large deck off
the kitchen, fenced yard space, an in-ground pool with paver patio
, outdoor shower & a automatic generator. The home was fully
renovated in 2010, with wood floors throughout, tile on entryway &
kitchen, a gourmet kitchen with granite counter top & top of the
line SS appliances. Featuring a very spacious master bedroom suite
with tray ceiling, a double-sided fireplace, master bath with spa
like shower & whirlpool tub, a sitting area & 2 very large built-in
closets. Other amenities include large social areas & bedrooms, a
living/family room with fireplace, a formal dining room, plantation
shutters, HWBB heat, multi zone A/C, lawn sprinkler system & ext
lights
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,220
HOA Dues
-
Year Built
1981
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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 #21710166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | In contract | - | |
| In contract | |||
| Jul 11, 2023 | Listed by Weichert Realtors, Morris Plains | $925,000 | |
| Listed by Weichert Realtors, Morris Plains | |||
| | |||
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Search no more! This home has it all! Beautiful Colonial situated on a nice, quiet cul-de-sac on .45 acre. Features include hardwood and tiled flooring, recessed lighting, amazing primary suite with double sided fireplace, finished basement, gorgeous heated inground pool, Trex deck, park-like yard with plenty of space to entertain or simply relax. First floor-inviting entrance foyer, Great room with fireplace and decorative built-in shelving, updated kitchen/ granite countertop, stainless appliances, separate dining area, sliders to deck, formal dining room, updated powder room, laundry room/mud room, access to garage. Second floor boasts 4 spacious bedrooms, Magnificent, Primary suite with jetted tub, huge shower, walk-in closet-sitting area, two full bathrooms (one is newly updated). Finished basement w/rec room, leisure room, storage/utility room. Easy access to major highways, stores, restaurants, houses of worship, NYC Trans. Nothing to do but move right in and enjoy!
| |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 16, 2017 | Listed by Howard Hanna Rand Realty-Wayne | $749,900 | |
| Listed by Howard Hanna Rand Realty-Wayne | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Morris
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Listed by: Gary K Kraft, Howard Hanna Rand Realty-Wayne
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21710166
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# 21710166
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