$999,000
●
House -
Off Market
8 Babbitt Way
Allentown, NJ 08501
4 Beds
3 Baths
3,299 Ft²
$961,012
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Stately Colonial located in rural Stone Tavern Estate on 3.54 acres
of tranquility. Offering 4 large bedrooms, 3 fabulously renovated
bathrooms, a study & a large laundry room. Main level with 9ft
ceilings & hardwood floors throughout. Full basement with high
ceilings, currently used as game room & workout area. The backyard
oasis features an in-ground pool & jacuzzi, large maintenance free
composite deck with a built-in gazebo, paver patio with a firepit
area perfect for summer gatherings. Treed driveway leading to the
large 30 x 50 Pole Barn with electric, perfectly placed at the end
of the property, an ideal space for the car or horse enthusiast.
The entire property is professionally landscaped. Near the Horse
Park of New Jersey, Assunpink State Park, Rt 195, Rt 33 & NJ
Turnpike.
Unit Size
3,299 Ft²
Days on Market
-
Land Size
3.54 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,281
HOA Dues
-
Year Built
1995
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: 2 years ago (MOMLS #22209229)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by ERA Central Realty Group - Cream Ridge | $950,000 | |
| Listed by ERA Central Realty Group - Cream Ridge | |||
| | |||
|
Stately Colonial located in rural Stone Tavern Estate on 3.54 acres of tranquility. Offering 4 large bedrooms, 3 fabulously renovated bathrooms, a study & a large laundry room. Main level with 9ft ceilings & hardwood floors throughout. Full basement with high ceilings, currently used as game room & workout area. The backyard oasis features an in-ground pool & jacuzzi, large maintenance free composite deck with a built-in gazebo, paver patio with a firepit area perfect for summer gatherings. Treed driveway leading to the large 30 x 50 Pole Barn with electric, perfectly placed at the end of the property, an ideal space for the car or horse enthusiast. The entire property is professionally landscaped. Near the Horse Park of New Jersey, Assunpink State Park, Rt 195, Rt 33 & NJ Turnpike.
| |||
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 Monmouth
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stefania Fernandes, ERA Central Realty Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22209229
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# 22209229
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017