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16 KENSINGTON DRIVE
About This Property
Upstairs, the spacious primary suite features a vaulted ceiling and an oversized walk-in closet. The primary bath offers a double vanity, soaking tub, separate glass-enclosed shower, and extensive tilework. Three additional generously sized bedrooms, each with ample closet space, provide plenty of room for family, guests, or a home office.
The basement includes an additional room, offering even more flexibility for an office, gym, playroom, hobby room, or additional living space.
Step outside to enjoy the spacious deck, perfect for relaxing, outdoor dining, or entertaining family and friends. The home also features a spacious yard, attractive curb appeal, and a two-car garage. Recent major improvements include a roof and gutters that are only a few months old.
Come experience all this beautiful home has to offer. The location makes this home even better! Just minutes from Buttonwood Park, downtown Mount Holly, shopping and dining, with Eastampton Community School (K–8) within walking distance. Convenient access to Route 206, I-295, the NJ Turnpike and Joint Base McGuire-Dix-Lakehurst makes getting around a breeze, while still enjoying the feel of a neighborhood community.
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Real Broker, LLC | $589,900 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017