171 HOOTON RD
About This Property
Unexpected bonuses include a walk in pantry - drawer microwave in island - butlers pantry/bar area - laundry on 1st AND 2nd floors - dog bath - dual zoned HVAC system - fire sprinkler system. An optional powder room has been roughed in the finished basement.
Enjoy the privacy of this wooded lot while being minutes from Moorestown and Cherry Hill shopping and a short drive into Philadelphia.
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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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by BHHS Fox & Roach-Moorestown | $899,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017