$295,000
●
Property -
Off Market
642 Devonshire Lane #B
Manchester, NJ 08759
Studio
2 Baths
1,243 Ft²
$2,115
Est. Monthly
$349
HOA / Fees
8.00%
Cap Rate
About This Property
This redesigned Stratford is flawlessly crafted into a new home.
With tasteful professionally painted interior, new luxury vinyl
floors, beautiful new kitchen cabinets and countertops, new AC and
hot water heater, along with all new appliances you couldn't ask
for more! Home features custom designed master bath, large master
closet, French doors, and a Sunroom leading to private outdoor
living space. LVWEST is an active and friendly adult
community with a maintenance office a phone call away. Many
amenities, including golf, 2 pools, clubhouses ,exercise and
something for everyone. Close to Shopping, eateries and the
Jersey Shore!
Unit Size
1,243 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$253
Property Type
Property
Property Taxes
$224
HOA Dues
$349
Year Built
-
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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 #22406577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Relisted | $313,900 | |
| Relisted | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Mar 10, 2024 | Listed by Coldwell Banker Realty | $313,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Common, Driveway, Direct Access
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Attic - Pull Down Stairs, Built-Ins, French Doors
Flooring Type: Linoleum, Other
Rooms: 6
Exterior Details
Year Built: 1977
Parcel Number: 19-00038-47-00642-02
Exclusions: Personal items
Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Microwave, Stove, Refrigerator, Screens
Exterior Features: Fence, Patio, Porch - Covered
Foundation Details: Slab
Roof: Shingle
Construction Materials: Aluminum Siding
Architectural Style: Condo
Pool Features: Common, Heated, In Ground, Pool Equipment
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $121,300
Tax Year: 2022
Tax Annual Amount: $2,687
Association Fee Includes: Trash, Common Area, Exterior Maint, Golf Course, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
Association Amenities: Tennis Court, Professional Management, Association, Exercise Room, Shuffleboard, Community Room, Swimming, Pool, Golf Course, Clubhouse, Common Area, Jogging Path, Bocci
Association Fee: $349
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Electric, Central Air
Heating Type: Electric, Baseboard
Sewer Information: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/10/2024
|
Loft
|
2 Bath
|
1243 ft²
|
$313,900
Loft
2 Bath
1243 ft²
|
$295,000
-6.02%
05/29/2024
|
Donna M. Mutch
Coldwell Banker Realty
|
Building Info
About Leisure Village West
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Listed by: Christine Grieco, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22406577
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# 22406577
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017