115 ARBOR MEADOW DR
About This Property
From the livingroom, you can go down the hallway to a full bath and three good sized bedrooms. One is a large primary bedroom with a sizeable closet and full bath.
The flow of the floorplan makes this home great for gatherings and entertaining with enough room for everyone.
This home is in a quiet neighborhood, close to major highways, half an hour to Philadelphia, and 40 minutes to Atlantic City and other shore areas. Shopping, restaurants, and the NJ Transit Park & Ride are minutes away. And just down the road is New Brooklyn Park with a disc golf course, softball field, two playgrounds, an outdoor amphitheater, a sand volleyball court, in-line hockey court, bike path, canoe launch, picnic areas, hiking, fishing, and more.
Come and see it all for yourself.
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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 |
|---|---|---|---|
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Compass New Jersey, LLC | $255,000 | |
| Listed by Compass New Jersey, LLC | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 23, 2021 | In contract | - | |
| In contract | |||
| Dec 22, 2021 | Relisted | $205,000 | |
| Relisted | |||
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017