83 Route 539
About This Property
Benefit from a 2-car garage for everyday convenience and an additional 34 x 36 garage, ideal for a workshop. Perfect for contractors, landscapers, or car enthusiasts.
Nestled on over 7 acres, the property is set far off the road, providing privacy and a peaceful setting.
With a little tender loving care (TLC), this home has the potential to transform into a beautiful residence, making it an exciting opportunity for customization and to increase it's value.
Priced for a quick sale.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | No longer available | - | |
| No longer available | |||
| Nov 14, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | |||
| Jul 14, 2023 | No longer available | - | |
| No longer available | |||
| Jul 6, 2023 | Listed by Berkshire Hathaway Home Services | $899,000 | |
| Listed by Berkshire Hathaway Home Services | |||
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Large brick front colonial on over 7 acres. Large kitchen, huge great room, 2 story entrance foyer and much more. 34x36, 1500+ sq ft garage with high ceilings and oversized garage doors, perfect for contractor, landscaper or car enthusiast. There is an additional 9 + acres lot attached which can be purchased with this property.
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About Monmouth
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22331714
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017