124 INDEPENDENCE DR
About This Property
Beautiful 4 bedroom, 3.5 bath home located in Patriot's Ridge featuring hardwood flooring, an abundance of natural lighting, refinished kitchen, a private office, dining room, family room, laundry room, powder room, garage access, and access to the back deck. Some of the numerous upgrades include new flooring throughout the home, an updated kitchen with quartz countertops, stainless steel appliances, refinished deck with retractable awning, and a newer roof (2016). The second floor has 4 bedrooms, 2 full baths and a bonus room which can be used as a home office or an additional bedroom. The backyard, accessible from the basement, has a sprinkler system, and a French Drain. The large basement offers extra room for storage, a workout area, a recreation space/movie room. Enjoy ending your day with views of the backyard which feel like a private retreat. Come enjoy and relax.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Weichert Realtors-Haddonfield | $399,000 | |
| Listed by Weichert Realtors-Haddonfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017