Off-Market Property at 9 Meadowbrook Rd, Short Hills, NJ, 07078
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9 Meadowbrook Rd, Short Hills, NJ, 07078

$1,095,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $284 per day, based on similar listings in the area. Estimated short-term cap rate of -2.1%. Welcome home! This idyllic Glenwood location" a Commuter's Dream" an easy mile walk down tree-lined streets to the Short Hills Train Station, a few blocks to Short Hills shops and restaurants, and top-rated Glenwood Elementary School is only 1 mile away! This sunny, bright and well-maintained home on a large level lot (expansion possibilities!!!!) will charm you with beautiful wood floors, Central Air, updated eat-in Kitchen with granite counters, Stainless Steel appliances, and a wonderful flowing floor plan. Spacious 1st Floor Primary w/ Double Closets opens into the updated 1st Floor Full Bath. The large Living Room is bathed in natural light and features a row of windows, recessed lighting, a fireplace, and easy access to what will be your favorite room all summer"the screened in porch! The porch was redone in 2020 and features exposed brick, floor to ceiling screens, a ceiling fan and privacy thanks to mature landscaping" a great spot for alfresco meals. The 2nd FL is home to two large bedrooms, an updated Full Hall Bath, and a walk-in Cedar Closet/storage Room. The Lower Level Recreation Room offers great flex space for a playroom, gym, office or bonus TV room. This spacious corner lot is professionally landscaped, fenced in, and ready for you with a paver patio and ample space for active play and gardening. If you have been looking for a new Home Sweet Home in Short Hills that is walkable to everything"this is it!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$17699
Bedrooms
3
Bathrooms
2
SQFT
9,148
Furnished
unknown
Year built
1951
Listing Status
Off Market
MLS
3907365

Short-term Rental Potential
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$64,308

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$119

Price/SQFT