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Country Lake Estates 08015
7 Coosa Trail
$130,000
● House - Off Market

7 Coosa Trail

Browns Mills, NJ 08015
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,977 Ft²
$181,166
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

***INVESTOR ALERT*** This 4 bed, 2 full bath home has great potential! Needs some TLC.  Comfortable living space awaiting your renovations.  Large sunroom and a bonus room above the garage that can be used as an extra bedroom or an office. Full basement. Home is now vacant and waiting for its new owners! (Sold ''As-is'', short sale. Sale is subject to bank approval. CO and all certifications are the responsibility of the buyer.)
Unit Size
1,977 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$61
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1975

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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 #21833477)

Price History

Date / Event Date Event Price
Feb 1, 2019 Sold
Premium
Sold
Aug 23, 2018 Listed by Keller Williams Realty Monmouth/Ocean $120,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,596
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,977
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY LAKES
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Pemberton Township School District
  • Census Tract: 702208

Geography

  • Assessors Map Reference: TAX MAP 49
  • District: 29
  • Parcel: 29 00637-0000-00008
  • Block: 637
  • Lot: 8
  • Municipality: PEMBERTON TWP
  • Latitude: 39.9506
  • Longitude: -74.5461

    Address

  • Full Address: 7 Coosa Trl
  • Address - House Number: 7
  • Address - Street Name: Coosa
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Browns Mills
  • Carrier Code: R008
  • 4-Digit Zip Code: 6515
  • Zip Code: 08015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $579,784

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 333,810
  • High Value: 391,013
  • Low Value: 276,607

    Market Valuation

  • Market Total Value: $217,800
  • Market Land Value: $37,800
  • Market Improvement Value: $180,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $217,800
  • Assessed Land Value: $37,800
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5443400
  • Previous Sale Recording Date: Feb 03, 1993
  • Previous Sale Contract Date: Feb 03, 1993
  • Previous Sale Amount: $110,000
  • 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 Country Lake Estates

Stats & Trends

Median Asking:

$382,500

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1742 ft²

Average Home Age

54.2 years

Currently For Sale

13 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

Unit for rent at 30 Chandler Street, BROWNS MILLS, NJ, 08015

$3,500 /mo

  • 5 Beds
  • 3 Baths
  • 1,136 ft²
30 Chandler Street, BROWNS MILLS, NJ, 08015 Listing by Rahshean LaDawn Monroe

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Andrea Powell, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21833477
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 7 Coosa Trail built and last sold?
The property at 7 Coosa Trail was built in 1975 and last sold on Jan 31, 2019 for $122,000.
How much is this home worth?
The estimated value of the home located at 7 Coosa Trail is $136,265.
What are some comparable homes to 7 Coosa Trail?
There are currently no comparable homes to 7 Coosa Trail.
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