$715,000
●
House -
Off Market
13 NELSON DR
MEDFORD, NJ 08055
4 Beds
3 Baths,
1
Half Bath
2,443 Ft²
$3,580
Est. Monthly
About This Property
Medford's Lantern Village, built by Bruce Paparone, this is the
Barclay model, backs to protected woods, 4 bedrooms, 2.5 baths, 2
car garage, full basement, gas forced air heat, central air
conditioning, pull down stairs to attic, all appliances included. A
stately and comfortable home with traditional touches and
artistically blended with upscale design. The first floor plan
easily lends itself to both entertaining and family gatherings.
Formal living and dining rooms flank the two story foyer. A
spacious family room opens into the kitchen for ideal serving
convenience. Highlighted by an expansive breakfast area and
peninsula design, the kitchen is bathed in natural sunlight from a
9' sliding door. On the second floor, the stunning primary suite
includes a private bath featuring a picture window above the garden
tub. Three more oversized bedrooms, along with a second bath,
complete the plan in this home with an elegant feel and touch of
luxury.
Unit Size
2,443 Ft²
Days on Market
17 days
Land Size
0.63 acres
Price per sqft
$298
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
2005
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Cap Rate
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #NJBL2073226)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Compass New Jersey, LLC - Moorestown | $729,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Valerie Bertsch
Compass New Jersey, LLC - Moorestown
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL2073226
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Compass New Jersey, LLC - Moorestown
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL2073226
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