15 FULMAR DR
About This Property
The spacious living room is both cozy and comfortable, featuring a gas fireplace with a wood mantle. and surround. You can access the beautiful backyard through the sliding glass door, where you'll find a fully fenced area.
On the main floor, you'll find the foyer, coat closet, an eat-in kitchen, dining room, living room, a half bath, and a laundry room with inside access to the garage.
Upstairs, the second floor boasts 2 very spacious bedrooms. The primary bedroom offers a view of the backyard, a walk-in closet, and access to the full bathroom,. This bathroom also connects to the hallway for added convenience. The second bedroom features a ceiling fan and ample closet space.
Rainwood is conveniently located close to shopping, dining, schools, and major roads, Routes 73, 70, 295, and the NJ Turnpike for easy access to Philly, Atlantic City, and all shore points along with Award winning Voorhees public schools! There are no association fees, and these are twin homes with ownership of the land. Don't miss out on this fantastic opportunity!
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Dec 3, 2023 | In contract | - | |
| In contract | |||
| Nov 8, 2023 | Listed by Real Broker, LLC | $279,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017