$327,500
●
House -
Off Market
662 Burke Road
Jackson, NJ 08527
3 Beds
3 Baths,
1
Half Bath
2,000 Ft²
$469,692
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Spacious 3 bedrm, 2.5 bath Colonial on a 1 acre lot in Northern
Jackson. Enjoy the Formal L/R & D/R, & HUGE family rm w/wood
burning FP. Updated kitchen w/granite counters, tile backsplash,
newer appliance package & Anderson sliders leading to rear deck.
Upstairs the master bedrm boasts an updated full bathrm,
2 large closets. 2 additional bedrms w/new carpet,
large closets & another full bathrm. The full partially
finished basement provides lots of room for expansion. Rear yard is
an oasis. It is fully fenced & features a treed perimeter,
2-tiered deck, cascading waterfall/pond, Storage Shed &
meandering path leading into a wood area. Oversized asphalt
driveway provides plenty of parking area. Covered entryway &
professional landscaping front and rear. Newer Windows A/C &
Furnace Also - there is gas to the house - in fact the water heater
is gas so if new owners didn't want oil heat they could easily
switch to gas
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$168
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1985
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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: 2 years ago (MOMLS #21941849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by RE/MAX Homeland West | $335,000 | |
| Listed by RE/MAX Homeland West | |||
| | |||
|
Spacious 3 bedroom, 2.5 bath Colonial on a 1 acre lot in Northern Jackson. Enjoy the Formal L/R & D/R, & HUGE family rm w/wood burning Fireplace, Updated kitchen w/granite counters, tile backsplash, newer appliance package & Anderson sliders leading to rear deck. Upstairs the master bedroom boasts an updated full bathroom, 2 large closets. 2 additional bedrooms w/new carpet, large closets & another full bathrm. The full partially finished basement provides lots of room for expansion. Rear yard is an oasis. It is fully fenced & features a treed perimeter, 2-tiered deck, cascading waterfall/pond, Storage Shed & meandering path leading into a wood area. Oversized asphalt driveway provides plenty of parking area. Covered entryway & professional landscaping front and rear. Newer Windows, Central Air & Furnace
| |||
| Oct 12, 2019 | Listed by RE/MAX Homeland West | $335,000 | |
| Listed by RE/MAX Homeland West | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Ocean
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Listed by: Barbara Clausen, RE/MAX Homeland West
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21941849
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: 2 years ago
Data Source: MOMMLS, MLS# 21941849
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