For Sale

Listed by Karen Casey

Source: Bright MLS #NJGL2018872

935 Upper Dam Drive, Victory Lakes, NJ, 08094

$275,000

3
2
2
1.37 ac.

Other

30+ days on the market

What's around 935 Upper Dam Drive

About this property

INVESTOR ALERT! This is a 3 Bedroom 1 Bath with a detached 700 sq ft finished garage with full bathroom and HVAC, total rent $2800 monthly with an ROI of 9.5%. Subdividable lot, with frontage on two streets. You could OWN this adorable 3 bedroom, 1 bath 1,000 sq ft RANCH HOME on 1.4 ACRES for $2,033/month with taxes, insurance, and HOA fees!* (*with a downpayment of $7500 and a 5.1% mortgage rate if you qualify.) Currently, the home is tenant occupied with a yearly lease at $2000.00/month, and as well as a $800/month yearly lease on the garage, so there are two streams of income on this property. Total income $2800/monthly! This adorable home is COMPLETELY UPDATED featuring a 2 CAR DETACHED GARAGE, a NEW VINYL SIDING, a NEW BATHROOM, FRONT, AND a BACK PATIOS and is WALKING DISTANCE TO THE LAKE. From the street, this home is adorable and surrounded by a wooded backdrop, has neutral siding, and has a beautiful glass front door. Welcome to Victory Lakes! There’s a front patio for you to sit and enjoy the front yard while you sip your favorite beverage. Stepping inside, beautiful flooring greets you and flows throughout the home. The home has an open concept living design, which allows for ease in socialization. The kitchen is bright and cheery from the natural sunlight. It features shaker-style wood cabinetry, stainless steel refrigerator and dishwasher, a gas cooktop with a stainless steel hood, a double oven, and a double stainless steel sink. The living area has recessed lighting, a ceiling fan, and a sliding glass door out to the back patio. Three bedrooms offer restful nights of sleep and have ceiling fans, ample closet space, and views of the beautiful woods surrounding the property. The hall bathroom has been updated and has tile flooring and a tub/shower combination. The laundry room has built-in cabinetry and shelving and tile flooring. Outside, the natural beauty of the woods makes this backyard amazing. There’s a patio off the living room, where you can grill and chill in the privacy of your big backyard. You’ll enjoy this yard, as it has lots of grass for the kids and the pets to run and play. In addition, there’s a detached two-car garage that is rented seperatly with it's own driveway, parking and is not accessed by the current tenant. There is also an RV hook-up and a full bathroom. There’s also a large shed that can hold all of your landscaping tools and seasonal furniture, the shed is rented with the main house. If you enjoy water activities this property is a part of the timber Lake COmmunity Association which supplies you with access to 2 beaches off of South Shore drive. Sunset, Victory, and Timber Lakes are just stepped away from this home, and living near the water will surely add enjoyment to your life! Victory Lakes is home to diverse wildlife. The lakes offer over 1 mile of shore fishing, along with gravel boat ramps. The surrounding property offers picnic tables and benches. Swimming is at your own risk. The lakes are cared for by the Friends of Victory Lakes Association, which ensures that the lake and surrounding areas are maintained to the highest level of care. A great location, just 3 miles or 7 minutes from shopping at the Walmart Supercenter and dining at the Applebees in Williamstown. Only 5 minutes to Autumn Lake Winery, which has events all year round.

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