Burlington
115 S COLES AVE
$260,000
●
House -
Off Market
115 S COLES AVE
MAPLE SHADE, NJ 08052
3 Beds
3 Baths,
1
Half Bath
1,609 Ft²
$1,277
Est. Monthly
About This Property
Opportunity knocks! Are you a car enthusiast? A
contractor who needs space for their business? This property
comes with a two story detached garage! The house features
three (possibly four ) bedrooms and two and a half baths.
The front porch is covered and provides a great space for relaxing
on these summer nights. Inside you will find hardwood
flooring, an updated kitchen with granite counter tops and gas
cooking. There is a formal dining room and formal living room plus
a tv room. The main level has two bedrooms and a full bath.
The second level has another bedroom with an option of the
fourth bedroom with some sweat equity. There is a full bath
as well. The basement has a half bath. The detached
garage has many opportunities for a contractor, car enthusiast or
possibly an apartment. Buyer will responsible for any
township requirements to convert the space. This property
has been lovingly cared for by one owner for decades. It is
being sold as is and seller will not make repairs. Buyer is
responsible for any/all township requirements.
Unit Size
1,609 Ft²
Days on Market
21 days
Land Size
0.28 acres
Price per sqft
$162
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1923
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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 #NJBL2071370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Keller Williams Realty - Marlton | $260,000 | |
| Listed by Keller Williams Realty - Marlton | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Michael Carr
Keller Williams Realty - Marlton
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL2071370
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.
Keller Williams Realty - Marlton
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL2071370
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