123 FRANKLIN DR
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 11, 2022 | Sold | ||
| Sold | |||
| Aug 27, 2022 | Listed by Weichert Realtors-Turnersville | $430,000 | |
| Listed by Weichert Realtors-Turnersville | |||
| | |||
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Welcome home to the ever spacious 123 Franklin Drive of Mullica Hill Farms. This 4 bedroom 2.5 bathroom beauty beams with pride of homeownership, natural lighting, updated flooring, modern paint and decor, gorgeous wood trim work and cathedral ceilings that are simply stunning. The layout of the home is open and ideal for gathering and hosting friends and family, yet private enough to have some space to yourself if you so desire. There are three generously sized rooms to make your own. Maybe an office, formal living room, play room, study or den, a family room - be creative! The kitchen offers clean, light colored cabinetry and countertops, stainless steel appliances, garbage disposal and a breakfast nook. Main floor laundry is just off to the back of the house and leads to the garage. The two car, attached garage offers insulated doors, a wall to wall craftsman style workbench, access to the attic and storage, storage and more storage! Don't forget about the upstairs of the home! There, you'll find well cared for carpeting, spacious bedrooms, walk-in closets and updated bathrooms that sparkle and shine. The back yard is fully fenced with vinyl and wood and offers tons of space to add a pool should that be in your future plans. Lastly, the furnace and central air systems are less than 5 years old. Home is equip with public water, public sewer.
Mullica Hill Farms has so much to offer - Minutes to several major highways leading to and from Philadelphia, Delaware and the shore, the highly rated Clearview Regional School District, the new Inspira Medical Center, Rowan University, Downtown Historic Mullica Hill, Pleasant Valley Recreation, William Wilt Soccer Complex, William Heritage Winery, Bonesaw Brewery and countless farmer's markets and produce stands just to name a few! What more could you ask for? Plant your roots here and make 123 Franklin Drive your home before someone else does. This one won't last long.
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| Feb 9, 2016 | Sold | ||
| Sold | |||
| Nov 12, 2015 | Listed by BHHS Fox & Roach-Mullica Hill South | $275,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017