Ocean
79 Tower Road
$460,000
●
House -
Off Market
79 Tower Road
Cream Ridge, NJ 08514
3 Beds
2 Baths
1,790 Ft²
$574,512
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
What a beautiful setting and spectacular location! This lovingly
maintained home is nestled atop a tree covered hill, up a
semi-private road in the heart of Cream Ridge. Unique,
custom-designed 3 BR, 2 bath home offers the best of both worlds,
offering peace and tranquility and the conveniences of shopping,
transportation and great schools. Truly a rare find This home
features a stunning wrap around porch that hugs you whether your
coming or going! Large dining room, Living room, w/ Hickory wood
flrs. Eat in kitchen with stainless steel appliances/ granite
counter tops w/a center island. Gorgeous screened in porch where
you can sit back and relax. This home also features a
finished basement w/bilco doors. A true bonus is an oversized 2 car
garage with a huge finished loft! A must see home
Unit Size
1,790 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$237
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1989
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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 #22026448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by RE/MAX The Real Estate Leaders | $424,999 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| | |||
|
What a beautiful setting and spectacular location! This lovingly maintained home is nestled atop a tree covered hill, up a semi-private road in the heart of Cream Ridge. Unique, custom-designed 3 BR, 2 bath home offers the best of both worlds, offering peace and tranquility and the conveniences of shopping, transportation and great schools. Truly a rare find This home features a stunning wrap around porch that hugs you whether your coming or going! Large dining room, Living room, w/ Hickory wood flrs. Eat in kitchen with stainless steel appliances/ granite counter tops w/a center island. Gorgeous screened in porch where you can sit back and relax. This home also features a finished basement w/bilco doors. A true bonus is an oversized 2 car garage with a huge finished loft! A must see home
| |||
Property Highlights
Garage
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 Ocean
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Listed by: Laurie DeCherico, RE/MAX The Real Estate Leaders
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22026448
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# 22026448
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