1154 TRISTRAM CIR
About This Property
This Adorable 2 Bedroom 1 Bathroom Condo is ready for its New Owner. This home has been freshly painted, and new carpet has been installed, along with all New closet doors. Brand new HVAC was just installed, and Washer and Dryer are only 3 years old.
This unit falls under the Affordable Housing Act. All Buyers Must Qualify Through Triad, and meet the Income Requirements. New income requirements are as follows: 1-person household $40,040 - $64,064
2-person household $45,760 - $73,216. triadhousingprograms.com is Where you will go to Apply.
Investors cannot purchase this Condo. The HOA no longer accepts FHA Buyers.
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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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | In contract | - | |
| In contract | |||
| Sep 20, 2023 | Listed by Compass New Jersey, LLC - Moorestown | $124,480 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017