Since the barrel has been cut down, there is NO choke.
This is now a Cylinder Bore barrel. It will shoot all slugs and buckshot.
It will not shoot quite as tight a pattern with shot, or as tight of groups with slugs as an Improved Cylinder barrel, but the open Cylinder bore is what most short shotguns were until recently.
How tight it shoots depends on the gun and the ammo. Some brands and types shoot tighter in some guns, looser in others. You just have to shoot it to see.
For a 80% Mossberg Model 500, I think the price is too high.
Shop around and you can buy NEW Mossberg's for close to the same money, and for a few dollars more, you can buy a Remington Express model.
For an 80% Mossberg that's been altered, I would offer $100 to maybe $135.
First, 80% means it's been WELL used, if not abused.
Second, the barrel has been cut off, and who knows if whoever did it, did a good job and insured the muzzle was square with the bore and properly crowned.
What it is, is someone else's battered and beaten chop job, and quite possible someone's "it's got problems, so I'll dump it" gun.