$355,000
●
House -
Off Market
11 PITMAN PL
SEWELL, NJ 08080
2 Beds
2 Baths
2,039 Ft²
$1,881
Est. Monthly
$137
HOA / Fees
5.62%
Cap Rate
About This Property
Welcome to Parke Place and the desirable Biscayne model with
features 2 car Garage, 2 Bedrooms, 2 Full Bathrooms, Loft,
Sunroom and Den. This home is embellished throughout the
interior with Formal Livingroom, Dining Room area Fireplace, Eat in
Kitchen, Vaulted ceilings, Your tour is met with a lovely
landscaped front yard and welcoming front porch. Enter to a
relaxing Den and open concept, appx. 2039 sq. ft additional
features include Ceramic Tile Flooring, recessed lighting
throughout. Your Sunroom would be a perfect place for
enjoying your morning coffee/tea. This community offers many
amenities club house and pool amenities. All
conveniently located near shopping, State Park and Dining
.
Attention has been paid to so many details in this home with newer roofing, Solar Panel System, Hot Water Heater, Central Air, Gas Heater and All Appliances included.
Attention has been paid to so many details in this home with newer roofing, Solar Panel System, Hot Water Heater, Central Air, Gas Heater and All Appliances included.
Unit Size
2,039 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$174
Property Type
House
Property Taxes
$669
HOA Dues
$137
Year Built
1998
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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: 3 years ago (Bright MLS #NJGL2034004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Price Decreased |
$355,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 12, 2023 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Sep 18, 2023 | Listed by Century 21 Rauh & Johns | $375,000 | |
| Listed by Century 21 Rauh & Johns | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gloucester
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Listed by: Dolores Wood
Century 21 Rauh & Johns
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJGL2034004
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.
Century 21 Rauh & Johns
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJGL2034004
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