80 Millhurst Road
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Pittenger Realty LLC | $1,399,900 | |
| Listed by Pittenger Realty LLC | |||
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2023 | Listed by Keller Williams Jersey/CC Jersey Real Estate Realty LLC | $1,050,000 | |
| Listed by Keller Williams Jersey/CC Jersey Real Estate Realty LLC | |||
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*Pls Read! THIS HOME COMES WITH A SEPARATE BONUS HOUSE PLUS AN EXTRA LOT ALL ON ONE DEED*
Such an incredibly special and rare opportunity! Welcome to this gorgeous enclave of homes surrounded by a private grove and forest, located in the prestigious southern Manalapan community. There are not one but TWO separate homes located on this property, totaling eight (8) bedrooms + three (3) baths. This collection of homes nestled on a 6-acre lot is an ideal retreat and perfect for entertaining. MAIN HOME = Spacious living room, family room + dining room are all brightened up with a vaulted, cathedral ceiling. 5th bedroom or family rm fear. a unique, window design offering year-round relaxation and hospitality space. All of the bedrooms are bright and nicely sized with multiple large closets Semi-finished basement offers another area for entertainment as well as massive storage.
The driveway which leads from Millhurst Rd. onto this serene compound, features a permanent easement unlike anything else in the area, allowing both security and privacy for entry and exit onto the main road. There is also space on the lot for possible horses or farming.
Location is in close proximity to shopping, restaurants, and a hospital. This beautiful home is also zoned to top-ranked schools.
RANCH HOME = This 1,500 sq. ft. home offers three (3) bedrooms + one (1) bathroom. This is an ideal home for in-laws, kids who are outgrowing the main home or even possible use as a long-term rental or AirBnB/short-term rental (if permitted by law).
This extraordinary private estate also comes with an additional vacant plot of land totaling nearly 1/2 an acre.
Battleground Country Club, the national historic park and the municipal soccer park are all within 1 mile of the property. Enjoy the convenience of being so close to Routes 9, 33, 195, 295, Great Adventure, Freehold Raceway Mall and Wemrock Orchards. Fantastic beaches including Asbury Park, Long Branch, Point Pleasant and more less than 30 mins away.
Don't miss this opportunity to own this unique collection of properties in one of the most exclusive communities!
Both of these homes are PERFECT for an owner occupant willing to invest in rehab or an investor looking to flip or hold for short-term or long-term.
FYI....Properties are being sold strictly "AS-IS/WHERE-IS" estate sale which is reflected in the asking price. Buyer is responsible for doing their due diligence and for any required certifications necessary to transfer title. Cash, Conventional and FHA(203K) financing only. Seller nor Listing Agent have ever and neither makes any warranties or guarantees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017