Off-Market Property at 15 Garden Rd, Pompton Lakes, NJ, 07442

15 Garden Rd, Pompton Lakes, NJ, 07442

$469,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $297 per day and long-term for an average of $6,975 per month, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Estimated long-term cap rate of 9.4%. Welcome to this charming Cape Cod gem nestled in the town of Pompton Lakes. From the moment you step inside, you're greeted by a cozy yet airy atmosphere that feels like home. The 3 bedrooms and 1.5 baths home offers ample space, in addition to that it has a bonus room which adds versatility to accommodate various needs.The eat-in kitchen is a delight, perfect for both casual occasions, meals and entertaining, boasting modern amenities and plenty of natural light. And let's not forget about the backyard oasis, perfect for relaxation and recreation! The deck is ideal for summer barbecues and enjoying the serene surroundings, while the inground pool offers endless hours of fun. Not In a flood zone

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9825
Bedrooms
3
Bathrooms
2
SQFT
1,305
Furnished
unknown
Year built
1950
Listing Status
Off Market
MLS
3892624

Short-term Rental Potential
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$40,152

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$359

Price/SQFT

Long-term Rental Potential
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$83,700

Revenue
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Profit
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Cap rate
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Cash on Cash
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$6,975/mo

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