Off-Market Property at 25 Hawthorne Rd, Short Hills, NJ, 07078
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25 Hawthorne Rd, Short Hills, NJ, 07078

$1,798,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $791 per day, based on similar listings in the area. Estimated short-term cap rate of -1.4%. A fresh blend of elegance and timeless architectural treasures combined with today's modern amenities in the stellar Knollwood section of Short Hills ensures that 25 Hawthorne is the ideal home! This stunning 4 Bedroom, 3 Full and 2 Half Bathroom home is set back on a gorgeous lot on a quiet street within minutes to train, town and schools. This expansive turn-key Tudor has been updated top to bottom with a magical curb appeal plus an open and airy floor plan. The first floor features an out-of-this-world Gourmet Kitchen with top of the line stainless steel appliances, large island and built-in banquette that transitions to a dramatic Family Room with vaulted beamed ceilings, limestone fireplace and access to a private patio for al-fresco dining. The sunny Living Room boasts a second stone fireplace and bay window transitioning to the formal Dining Room plus a delightful sunroom / office. The Primary Suite provides 2 huge walk-in closets and a deluxe Full Bathroom. 2nd bedroom features windows on two sides and a spacious walk-in closet. 3rd bedroom provides direct access to the hallway full bathroom with shower over tub. Step down to the large Junior Suite with 3 closets and a private full bathroom with shower over tub. A convenient upstairs Laundry area completes the 2nd level. Lower Level has plenty of space for a Home Office or weekend sleepovers including a Recreation Room, a 31 foot long Game Room, and a Gym / Office / Guest Room with Powder Room.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$25277
Bedrooms
4
Bathrooms
5
SQFT
6,970
Furnished
unknown
Year built
1929
Listing Status
Off Market
MLS
3882929

Short-term Rental Potential
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$114,264

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$257

Price/SQFT