$640,000
●
House -
Off Market
85 Wilson Avenue
Aberdeen, NJ 07747
5 Beds
4 Baths,
1
Half Bath
3,117 Ft²
$926,522
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Truly a one-of-a-kind setting! Where else can you live on 7+ acres
of seclusion in Aberdeen? Head through the gate and take the
winding driveway to your home tucked away. This massive home (3117
SF per tax records) was custom built in 1995 and just underwent a
complete renovation in 2019/2020 including New Roof, Windows,
Exterior / Interior Doors, HVAC, electric, garage doors & openers,
4'' wide hardwood floors upstairs, kitchen, baths, trim, and more!
Large room sizes throughout * High Ceilings on 1st Floor *
Gorgeous Kitchen with sink in the center island * 2 triple panel
sliding doors - so much natural light * If you need lots of
parking, maybe want to do some farming or just love the idea of
owning a large piece of property to call home - this is your
shot...take it!
Unit Size
3,117 Ft²
Days on Market
-
Land Size
7.57 acres
Price per sqft
$224
Property Type
House
Property Taxes
$1,152
HOA Dues
-
Year Built
1995
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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 #22011098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2020 | Listed by C21/ Charles Smith Agency | $699,000 | |
| Listed by C21/ Charles Smith Agency | |||
| Jan 12, 2019 | No longer available | - | |
| No longer available | |||
| Nov 9, 2018 | Listed | $399,900 | |
| Listed | |||
| | |||
|
This is a 7.57 acre lot near the Henry Hudson Trail. There is currently a large bi-level on the property that was built in the 1990s but needs to be gutted and remodeled. The home had public water and a septic. The home, land, septic, etc are all sold in ''AS IS'' condition. This is an opportunity to privacy seekers to renovate the existing home or build a larger dream home on this 7+ acres that is conveniently located near the Aberdeen / Marlboro border.
| |||
| Oct 30, 2018 | Listed | $399,900 | |
| Listed | |||
| | |||
|
The possibilities are endless when you own over 7 acres of land! Think about what you could do here to live your dream life - and you don't have to live 45 minutes from nowhere to do it - this is right in Aberdeen off Route 79! The existing house is a large bi-level that was built in 1995 (over 3,000 sf according to tax records) and is essentially a ''shell'' right now awaiting your complete renovation. Windows /doors are broken, copper / electric removed, sheetrocked damaged in many areas, etc. Property and house are sold strictly ''AS IS'' . The seller nor its agents make any representation as to condition and have not had inspections of the property, utilities, etc and are not in possession of a property survey. Cash or renovation loans only. The manager has listed the unit size as 3117 square feet.
| |||
Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Todd Kessler, C21/ Charles Smith Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22011098
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# 22011098
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