15 MCCAY WAY
About This Property
Inside, you'll find an inviting open-concept layout that makes everyday living and entertaining a delight. The home also includes a roof that's only about 2 years old, and both the heating and central air conditioning systems, as well as the hot water heater, are approximately 4 years old, giving you peace of mind with these recent updates. There is a also a large walk-in storage area!
The community itself is rich with amenities, featuring a pool, tennis courts, shuffleboard, and more, offering a vibrant and engaging lifestyle for its residents.
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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 19, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Weichert Realtors - Moorestown | $485,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017