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- Available
Single Family Residence
Washington Twp (NJ), United States
$5,890 per slot
1 River Trail, Washington Twp., NJ 07840
A mature real estate market with favourable returns.

Average occupancy 85%
Mature real estate where demand never sleeps, with favorable returns.

Projected annual yield 11%
3% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 5 - 10 years
Property Overview
Lovely expanded ranch in idyllic country setting yet minutes to everything is sure to please with a yard that feels like a resort! Step into the spacious LR w/ LVT flooring & massive stone fireplace that will be the heart of the home. Charming Kitchen w/ beamed ceiliing & stone wall w/ built-in bread oven, moveable center island, sliders to huge deck for great entertaining, & wall of windows for incredible light & view of yard. Also on 1st level: Huge Primary w/ cedar walk-in, slider to deck & newer ensuite w/ dble vanity & walk-in shower w/ 5 diff spigots; BR 2 & office have ceiling fans & built-in shelves; a lovely powder room along with/ laundry room w/ pantry storage. Upstairs are 2 spacious BRs, 1 w/ skylights & walk-in closet; full bath, & walk-in attic (expansion possibilities). Outdoor living is what it's all about here! Along with the deck, you'll love the open front porch and cozy breezeway, perfect places to start your morning, read a book, or watch the sunset.The property is level & open w/ nice landscaping and lovely views of the mountains. The inground pool, complete w/ slide & dive, has an outdoor cabana & bar w/ built-in fridge & lighting to bring entertaining to a new level! The full basement is huge w/ 12 ft ceiling & Bilco doors and is great for storage or future living space. The oversized garage has a loft and huge workbench.
Financial Details
Total Property Value
$589,000
Price Per Slot
$5,890
Aquisition & Legal Fees (3%)
$17,670
Total Cost Per Slot (incl. fees)
$6,066
Projected Returns
Projected Gross Rent
$47,120 (8% of value)
Management fees (7%)
$3,298
Operating/Service Expenses (3%)
$1,413
Projected Net Income
$42,409
Net ROI Per Slot (on $5,890)
11% annually
Additional Details
- Bedroom
- 4
- Bathroom
- 3
- Area
- Int - Sq Ft.
Ext - 1.46 Acres Lot
Location
Washington Twp NJ, United States