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15 ASHLAND AVENUE
About This Property
Great opportunity in desirable Gloucester Township! This 3-bedroom, 2.5-bath home sits on one of the larger lots in the neighborhood and offers solid space, valuable upgrades, and plenty of potential for the next owner to make it their own.
Key Features:
• Spacious backyard with plenty of outdoor space
• Solar panels providing very low electric costs
• Brand-new energy-efficient windows throughout
• Fully fenced yard with built-in fire pit
• Located in the Gloucester Township school district
• Primary bedroom with private en-suite bathroom
• One-car garage
• Unfinished basement with laundry area and finishing potential
• Functional layout with great natural light
• Convenient to shopping, dining, and major highways
This home offers a great combination of lot size, energy efficiency, and location, with the opportunity to update to your own style while building equity. Opportunities like this do not come along often, so schedule your showing today before it's gone.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017