Must see this desirable well spacious multi-level 3 bedroom –
2-bathroom condo in the Eagle Pointe neighborhood of Ramblewood
Country Club! 1468 total sq ft on one level alone. This
Bi-level floor plan means all floors are at ground level.
Attached garage with private access to the condo, which is
very rare in this development. Garage big enough to house an
SUV along with additional storage. Condo is on a cul de sac.
You will enjoy the open floor plan and eat in kitchen.
Kitchen has large counter space along with lots of storage
space. Stainless-steel appliances. Dual pantry included.
Solid surface counter tops, LVP flooring, under mount sink
and garbage disposal. Family room has a wood burning
fireplace with marble surround, 2 skylights, recessed lighting,
sliding door to the extended back patio. The primary bedroom is
very spacious with 2 huge closets and full bathroom on-suite with
large closet, LVP floor, renovated walk-in shower, and NEW VANITY
with double sinks. There is also a sliding door off the
primary bedroom out to the extended patio. The 2nd bedroom
located off the family room, currently being used as an office, has
a large closet and a sliding door opening to the extended patio
that overlooks tall trees and a wooded area. The 2nd NEWLY
RENOVATED full bathroom in the hall also has access to the laundry
area. BIG storage closet in the hallway. The 3rd bedroom on
the lower level has 2 big windows, a small closet and an adjacent
bonus room perfect for your teen, family guests, children's
playroom or as separate workspace from the living area upstairs.
Lower level is garage accessible. Other features throughout
include, heating and A/C replaced in the past 2 years, ceiling
fans, dimmer switches, and spacious garage with driveway and lots
of storage space. This tree lined community of Eagle Pointe
has very convenient access to I295, Rt 73, the NJ Turnpike and is
also close to the Philly Airport. Close to shopping,
restaurants and is a stones' throw away from the Ramblewood Golf
Course. HOA includes water, sewer, building insurance, EXCELLENT
snow removal to your front door and driveway to garage door, lawn
care, trash removal, roofing, siding, decks and all outside
maintenance. No commercial vehicles permitted to park in common
areas. The lower level is approximately 300 sq ft. The main
level is 1434 sq ft.
Unit Size
1,434 Ft²
Days on Market
32 days
Land Size
-
Price per sqft
$227
Property Type
Condo
Property Taxes
$457
HOA Dues
$390
Year Built
1989
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Cap Rate Calculator
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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.
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