1 LAGUNA DR
About This Property
Step inside to discover a well-maintained interior adorned in neutral colors, creating a warm and inviting atmosphere throughout. The recessed lighting enhances the modern aesthetic, providing a stylish touch to each room. This home boasts several recent upgrades, including new windows (2022) that infuse natural light and contribute to energy efficiency. The roof was also replaced in 2022, ensuring durability and peace of mind for years to come. The basement features a French drain for added protection and moisture control, enhancing the overall stability of the home.Embrace the advantages of an efficient blown-in attic insulation system, contributing to a comfortable and energy-saving environment. One notable feature is the Tesla solar panels, operating under a power purchase agreement. With this arrangement, you only pay for the energy generated by the solar system, offering substantial savings compared to traditional utility costs.Whether you're a first-time homebuyer, a growing family, or someone seeking a peaceful retreat, this property has something to offer everyone. Don't miss the opportunity to make this Magnolia gem your new home, where modern comforts blend seamlessly with a welcoming and functional design.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Keller Williams Realty - Moorestown | $238,799 | |
| Listed by Keller Williams Realty - Moorestown | |||
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017