Factor in cap rate analysis, financing, common charges
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Photos
Price History
Amenities
Neighborhood
$350,000
●
House -
Off Market
SEWELL, NJ
2 Beds
2 Baths
1,554 Ft²
$350,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Sought after Ellington Model with first floor living only, no
loft or 2nd story with a 2 car attached garage, situated on a
private cul-de-sac lot that overlooks a private enclosed area.
This style Ellington is in much demand and has not been
available for several years. This is an Estate Sale and is
ready for immediate occupancy. Features include Living and
Dining Room Combo highlighted with Crown Molding and Plantation
Shutters. Upon entry you walk through an elongated Foyer that
leads into the Media Room and Kitchen. The kitchen boasts 42"
cabinetry, a pantry, island kitchen, upgraded appliances and
sliding glass doors that lead to a patio. Off the kitchen
flows the Media Room that has a gas fireplace for those chilly
evenings. The Primary Bedroom features a walk-in closet and
an attached Bathroom with a walk-in shower with a bench, linen
closet, and double sink vanity. Bathroom #2 features a
tub/shower combination and a single sink and vanity. The
Laundry Room leads to the 2 car attached garage that has
ample storage. There will be an Open House for the general
Public on Sunday, October 22nd from 12:00 - 3:00 PM. (There
is NO EAGLES game scheduled for that time slot.....No excuses NOT
to preview this home that could be yours). This property is
an Estate Sale and the Executor never occupied the property,
therefore, there is no Sellers Disclosure Statement. All
inspections will be for the Buyers' Information Only.
Executor is providing a Basic One Year Home Warranty for 1
year effective at the time of final closing. Based on recent
sales in the Community, the Listing Agent, who is also a
Heatherwood Resident, predicts a lot of activity. Should a
Buyer submit an offer, a pre-approval must accompany the proposal.
If the offer is a CASH OFFER, proof of funds must be
attached to the offer. In addition to the still photos, there
is a video on the property. Just click on the movie camera
icon located on the top heading of the MLS. Hope to
see you soon!
Unit Size
1,554 Ft²
Days on Market
-
Land Size
-
Price per sqft
$225
Property Type
House
Property Taxes
$624
HOA Dues
$115
Year Built
-
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Cap Rate Calculator
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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.
Construction Materials: Aluminum Siding, Vinyl Siding
No Pool
Cul-de-sac, Private, SideYard(s), Rear Yard, Front Yard, Backs - Open Common Area
Tidal Water: N
Lot Size Dimensions: 60 x 100
Lot Size Source: Estimated
Land Assessed Value: $215,500
Finished Square Feet: 1554
Finished Square Feet Source: Estimated
Financial Details
Tax Assessed Value: $215,500
Tax Year: 2023
Tax Annual Amount: $7,492
Utilities Details
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Septic
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Snow Removal, Trash
HOA Fee: $115
HOA Fee Frequency: Monthly
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