$340,000
●
House -
Off Market
643 Reed Road
Jackson, NJ 08527
3 Beds
3 Baths,
1
Half Bath
$517,124
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Colonial style home with unique features on an acre of landscaped
property. This home features a large three car garage perfect
for a home business, craftsperson, sportsperson, motorcycle or car
enthusiast. Screened in porch is great for entertaining or just
kicking back. Enjoy family recreation, gatherings and parties in
the over sized great room. Easy access to main highways and outlet
mall.
Smoke and pet free home with first floor open floor plan. Vaulted great/flex room (approx. 540 sq. ft) suitable for many uses. Room opens to adjacent screen room (approx. 250 sq. ft) via 2 panel French doors. Screen room has ceiling fan and 2 skylights that open for ventilation. Rear of home has southern exposure for full light exposure. Put this on your list.
Smoke and pet free home with first floor open floor plan. Vaulted great/flex room (approx. 540 sq. ft) suitable for many uses. Room opens to adjacent screen room (approx. 250 sq. ft) via 2 panel French doors. Screen room has ceiling fan and 2 skylights that open for ventilation. Rear of home has southern exposure for full light exposure. Put this on your list.
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
1991
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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 #21828947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Feb 19, 2023 | Listed by RE/MAX Realty 9 | $550,000 | |
| Listed by RE/MAX Realty 9 | |||
| | |||
|
Here's your chance for country living.This 3 bedroom / 2.5 bath Colonial is situated on just under an acre of property on a nice quiet street.This home features a large kitchen and a huge sunken great room that leads out to a 16x16 screened porch with a ceiling fan and skylights,also an additional deck and paver patio makes this home wonderful for entertaining.A huge 3 car detached garage great for a home business,hobbyist,or auto enthusiast.Partially finished basement with bilco door to backyard and pulldown attic stairs for all your storage needs.Minutes from main highways make this location convenient for commuting
| |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | Price Decreased |
$560,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Jun 13, 2022 | Listed by RE/MAX Realty 9 | $575,000 | |
| Listed by RE/MAX Realty 9 | |||
| | |||
|
Here's your chance for country living.This 3 bedroom / 2.5 bath Colonial is situated on just under an acre of property on a nice quiet street.This home features a large kitchen and a huge sunken great room that leads out to a 16x16 screened porch with a ceiling fan and skylights,also an additional deck and paver patio makes this home wonderful for entertaining.A huge 3 car detached garage great for a home business,hobbyist,or auto enthusiast.Partially finished basement with bilco door to backyard and pulldown attic stairs for all your storage needs.Minutes from main highways make this location convenient for commuting.New Septic field installed aprox 3 years ago. The manager has listed the unit size as 2146 square feet.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Ocean
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Listed by: Vincent Prestinari, Crossroads Realty Inc-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21828947
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# 21828947
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017