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114 View Ln

Glen Gardner Boro, NJ 08826
  • $1,699,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 3799400
UPDATED: 52 min ago
$1,699,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,700
    SQFT
  • $254
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. ALSO SEE PROPERTY LISTING MLS #3792373

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-04T23:46:41.973.
www.pickpina.com/homes/131429227
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114 View Ln Glen Gardner Boro, NJ 08826

  • Price: $1,699,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 52 min ago
  • MLS #: 3799400
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,700
SQFT
$254
$/SQFT
County:
Hunterdon
Area:
Glen Gardner Boro
Property Description
This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. ALSO SEE PROPERTY LISTING MLS #3792373
Exterior Features

Garage Description Attached GarageDetached Garage Parking Driveway Description Additional ParkingHard Surface Road Type County Street

Interior Features

Available Sq Ft 6700 Basement Yes Basement Description Partial Cooling 3 UnitsCentral AirMulti-Zone Cooling Fuel Type See Remarks Number Of Lavatories 3

Property Features

Business Classification See Remarks Business Name Intra Capital Holdin Documents Available Financial StatementsFloor PlansSee Remarks Existing Lease Renewal OptionSee RemarksSeller Owns Building Gross Operating Income 250000 Heating 3 UnitsForced Hot AirHeat PumpMulti-Zone Income Expense Source Owner Lease Amount Month 9999 Net Operating Income 185000 Ownership Type Corporation Primary Business Classification See Remarks Real Estate For Sale Yes - Listed Under Commercial Sewer Septic Total Operating Expense 65000 Utilities All Underground Utility Amount 9999 Water Well

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-04T23:46:41.973.
 
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Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013