11 TULANE AVE
About This Property
The spacious eat-in kitchen includes brand new recessed lighting, newer flooring, a full size pantry for plenty of storage space. Off the kitchen, leads to a step down, sunken family room with fireplace, wooden beams across the high ceilings, and a sliding glass door that leads to the paved patio, and oversized backyard ready for entertainment. The first level also includes an updated powder room and laundry/mud room with side yard access. The second level showcases a primary bedroom with a separate seating area. ample closet space, and a spacious en-suite, which includes soaking tub, separate glass enclosed shower stall, and double vanity sinks. In the hallway, on your way to the other three spacious bedrooms, you will find multiple closets, and natural light gleaming in from the glass skylight. This location is ideal for easy access to major highways, restaurants, shopping centers and is in the highly desired Voorhees school district. Make your appointment to see it today. Welcome home!
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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 |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by EXP Realty, LLC | $415,000 | |
| Listed by EXP Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017