$550,000
●
House -
Off Market
88 Wigwam Road
Rumson, NJ 07760
5 Beds
4 Baths
$1,011,256
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Into the woods....Looking to renovate a home? This custom home
surrounded by beautiful natural woodlands, where privacy abounds..
is being sold in ''as is'' condition with CO responsibility of the
buyer. Winter water view of the Navesink River, Walls of glass with
sliders opening to the balcony, vaulted ceilings, Blue stone
Fireplaces, hardwood floors, wood ceilings, large spaces and
bedrooms to entertain family and friends. This home beckons
the buyer with vision to restore or renovate this mid century home
in its multi million dollar Hartshorne Woods neighborhood.
Oil tank is insured. 7 minutes to NY Ferry, 7 minutes to
Sandy Hook, Walk right into Hartshorne Woods for your daily hike.
Unit Size
-
Days on Market
-
Land Size
1.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,353
HOA Dues
-
Year Built
2020
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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 #21617298)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | No longer available | - | |
| No longer available | |||
| Nov 6, 2020 | Listed by RE/MAX The Real Estate Leaders | $1,850,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| | |||
|
Welcome to 88 Wigwam Road. A SPECTACULAR new construction home tucked eloquently between the residential side of Hartshorne Woods and the Navesink River. A idyllic location for someone seeking privacy and the exclusivity of Wigwam rd. This home which is over 4500 sq ft has some traditional colonial elements but is immersed in modern finishes and flooded with natural light. Oak floors though the first and second floors. High end and stylish finishes throughout. A gourmet kitchen with a massive quartz top island and commercial grade appliances will be the center piece of entertainment and gatherings. 5 total bedrooms with a finished basement that has 10ft ceilings.The quality, grounds, views, privacy & amenities are incredible! Easy commute options to NYC. Minutes to Ferry!
| |||
| Aug 21, 2020 | Price Decreased |
$1,999,990
↓ $99K
(4.7%) | |
| Price Decreased | |||
| Aug 4, 2020 | Price Decreased |
$2,099,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
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Property Highlights
Garage
Parking Available
Fireplace
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: Jo Ann Brousell Kurry, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21617298
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# 21617298
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