127 TABERNACLE RD
About This Property
Welcome Home to 127 Tabernacle Rd in beautiful Medford Lakes. Located just steps away from Beach 1, be the envy of the neighborhood in this quaint log home featuring 3 good sized bedrooms with an adorable loft, and 1 newly renovated bath with walk in shower. The smallest of the bedrooms which was a nursery is now used as a walk in closet. There's a newer 2 blower Napoleon stove with whitewashed brick that'll keep the whole house warm in the winter and your 2 hand cranked sky lights in your large sun lit living room keeps you cool in the spring and summer months.There is also a newly renovated kitchen with white subway tile backsplash, farmhouse sink and white cabinets. But the best feature of the home is the outdoor screened in porch. Watch the canoe parades, bikers, and craft fairs along with all of the lake activity right from the comforts of your rocking chairs. The double lot is a buildable 100x100 at just under a 1/4 of an acre,. More incredible features like newer gutter guards, parking for 4 cars, detached garage and so much more. A perfect location in the heart of Medford Lakes, schedule your showing today. Selling As-Is only
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Relisted | $385,000 | |
| Relisted | |||
| Feb 12, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by EXP Realty, LLC | $350,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017