$446,250
●
House -
Off Market
16 ADNER DRIVE
MOUNT LAUREL, NJ 08054
2 Beds
2 Baths
1,411 Ft²
$2,658
Est. Monthly
$133
HOA / Fees
4.59%
Cap Rate
About This Property
Expanded Madison Model in the desirable Holiday Village
community in Mount Laurel is now ready for the new owner! A lovely
55+ active adult community with so many amenities and activities to
enjoy. No more mowing lawn or shoveling snow (3" or more), ready
for easy living. This sought after model with open floor plan, has
2 bedrooms 2 baths, both upgraded, a 1 car garage with plenty of
shelves and pull down attic stairs for additional storage. You will
absolutely love the expanded sunroom (5' x 15') with hardwood
floors and skylights and access to the concrete patio through
sliding glass doors.. LVP flooring throughout, crown molding in
living/dining rooms, sunroom, bedrooms and hallways. Kitchen
and bathrooms have been updated, as well as light fixtures,
newer windows, new roof installed (March 2025), HVAC (2021),
Water Heater (2015). There are energy saving solar panels installed
in 2018 and added panels in 2024. This home is in move-in
condition. Don't wait to tour this home in this desirable
community. Call today for your personal tour.
Unit Size
1,411 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$298
Property Type
House
Property Taxes
$462
HOA Dues
$133
Year Built
1986
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #NJBL2088808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 6, 2025 | Listed by Keller Williams Realty - Medford | $420,000 | |
| Listed by Keller Williams Realty - Medford | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Ivy M Cabrera
Keller Williams Realty - Medford
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJBL2088808
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Keller Williams Realty - Medford
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJBL2088808
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Address: 335 Madison Avenue, New York, NY 10017