$237,500
●
House -
Off Market
1002 LEONARD DRIVE
MILLVILLE, NJ 08332
2 Beds
1 Bath
896 Ft²
$1,453
Est. Monthly
8.63%
Cap Rate
About This Property
Wonderful 2 bedroom brick rancher that's been updated throughout!
Charming curb appeal with spacious driveway for plenty of
parking. Light and bright living room entry with coat closet
and vinyl plank flooring that flows throughout the home.
Eat-in kitchen features new white cabinetry with soft close
doors and drawers, quartz countertops, subway tile backsplash,
stainless electric smooth top range, built-in microwave, dishwasher
and sink with black goose neck faucet. The refrigerator
remains. Convenient utility room off the kitchen includes
laundry along with easy access to the back yard. The water
heater, oil heater, above ground oil tank and central air are all
new (Note: heater was replaced after utility room picture was
taken). Hallway linen and large storage closet. Two bedrooms
and a full updated bath completes the main level. Freshly
painted inside and out, six panel doors plus great location with
spacious yard. Attractive price and low taxes make this an
affordable opportunity to be a homeowner! Ideal for first
time homebuyers or those looking to downsize. Easy to show!
Unit Size
896 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1978
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #NJCB2022328)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by Weichert Realtors - Moorestown | $239,900 | |
| Listed by Weichert Realtors - Moorestown | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
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HOA + Taxes
About Millville
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Listed by: Lisa L Gardiner
Weichert Realtors - Moorestown
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJCB2022328
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Weichert Realtors - Moorestown
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJCB2022328
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