$205,000
●
House -
Off Market
886 MAIN ST
SALEM, NJ 08079
3 Beds
1 Bath
1,144 Ft²
$198,752
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
MULTIPLE OFFERS RECEIVED. HIGHEST & BEST OFFERS ARE DUE BY TUES,
AUG 8TH AT 12 PM. Welcome home to this charming Farmhouse on nearly
an acre and farm vistas have to offer! This 3-bedroom, 1-bathroom
country gem offers plenty of interior living space along with a
side deck and brick patios. The bathroom boasts a Jacuzzi tub and
shower for relaxing baths. The kitchen features newer cabinets,
hardwood floors, and upgraded windows. There is a large detached
garage and concrete pad for storage. Conveniently located near
major routes and hospitals, and Delaware shopping. Enjoy lots of
natural parks and wonders nearby to behold. Make your appointment
today!
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$175
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1889
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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: 4 years ago (Bright MLS #NJSA2008238)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | In contract | - | |
| In contract | |||
| Aug 2, 2023 | Listed by Redfin | $200,000 | |
| Listed by Redfin | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Axon Real Estate | $169,990 | |
| Listed by Axon Real Estate | |||
| | |||
|
Situated in a serene setting, enjoy what close to an acre and farm vistas have to offer! This three-bedroom country gem offers plenty of interior living space along with a side deck and brick patios for exterior spaces! The bathroom boasts a jacuzzi tub/shower for relaxing baths! Large detached garage and concrete pad for storage. Newer kitchen cabinets, hardwood floors, upgraded windows. Near major routes and hospital, close to Delaware shopping. Lots of natural parks and wonders nearby to behold.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Salem
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Listed by: Shauna Reiter
Redfin
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJSA2008238
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Redfin
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJSA2008238
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