$843,000
●
House -
Off Market
700 Route 520
Marlboro, NJ 07746
3 Beds
3 Baths,
1
Half Bath
$2,066,365
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION!! Calling all Builders and/or Investors.
Charming house on 20 acres of land! This home offers very
private setting giving you a real country feel and yet only minutes
to schools, shopping and highways. This 4 sided brick home offers
eat in kitchen, large dining and living room, with wood floors,
marble tile in foyer and carpet upstairs. Three woodburning
fireplaces through out the house, perfect for cozy feel on cool
nights. Poolhouse has its own kitchen & bathroom, perfect for
outside entertainment. Basement has cedar shake closet and ample
storage. House sits on the top of hill overlooking a large farm
assessed 17 acres. A VERY cool property, come be inspired. This lot
is sub-dividable, it is located with-in 5 acre zoning. Sub
division responsibility of buyer.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #21644666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2022 | No longer available | - | |
| No longer available | |||
| Sep 20, 2021 | Listed by Keller Williams Realty Central Monmouth | $2,000,000 | |
| Listed by Keller Williams Realty Central Monmouth | |||
| | |||
|
Calling all investors and builders. Location Location Location! 20 Acres of beautiful gradually elevated-sloped land. Located right on 520 (Newman Spring Road) and in between two prestigious developments of ''Cannon Hills'' & ''Farm Ridge'' near major roads, shopping & Jersey shore. Zoned LC, possibly subdivided in 5 acre parcels or cluster development. Sewer and water at street. Sitting at the top of the hill is a charming all-around-brick Colonial with pool and pool-house overlooking the 17 acres of farm assessed land. Property is sold ''As is'' buyers and buyers agent must do their Due Diligence. The manager has listed the unit size as 3182 square feet.
| |||
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Listed by Coldwell Banker Realty | $1,300,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Monmouth
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Steven Porzio, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21644666
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# 21644666
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017