127 WINDMOOR RD
About This Property
This is gem that many have been looking for. Situated at 127 Windmoor Rd in the sought-after Tenby Chase neighborhood of Delran, this charming property offers three bedrooms and one-and-a-half baths. Step inside the recently renovated main floor living area, designed with an open concept layout that maintains the necessary walls for functionality while seamlessly connecting to the beautifully updated kitchen, complete with durable hardwood flooring. The kitchen renovation boasts ample cabinet space and stunning granite countertops, providing both style and practicality. Adjacent to the kitchen, the dining space opens up to a new 20x20 deck that offers a wonderful blend of indoor and outdoor living. Take in the view of the great fenced-in backyard, perfect for relaxation and entertainment. Upstairs, you'll discover three lovely bedrooms and an updated bathroom, which conveniently features Jack and Jill access from the primary bedroom. The sellers have installed new carpeting on the stairs, hallway, and primary bedroom, ensuring your comfort. On the lower level, you'll find a versatile secondary living space that can serve as a den, bonus room, guest area, or even a potential fourth bedroom in the future. This level also includes a convenient half bath, a laundry area with a washer and dryer, and a second access point to the backyard, as well as access to the garage. Roof 2.5 years old, Unpack and Enjoy, welcome home.
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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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | In contract | - | |
| In contract | |||
| May 18, 2023 | Listed by Weichert Realtors - Moorestown | $390,000 | |
| Listed by Weichert Realtors - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017