$400,000
●
House -
Off Market
18 FAIRFAX DRIVE
CINNAMINSON, NJ 08077
5 Beds
2 Baths
1,782 Ft²
$2,454
Est. Monthly
6.34%
Cap Rate
About This Property
Great opportunity for a growing family or multigenerational family
located in an excellent community with a top-rated school system.
This great home features 5 spacious bedrooms including
TWO First floor Bedrooms and THREE Second floor Bedrooms
along with 2 FULL BATHs, one on Each floor. Additionally,
this home offers a fully waterproofed basement offering
extra space where you can enjoy the warmth and ambiance with the
wood burning stove and also features an exterior entrance .
The eat in Kitchen adds a cozy, functional touch while the
expansive backyard provides plenty of room for outdoor activities
and stay comfortable year-round with the TWO Zone AC system.
The second floor AC is New 2024. In addition, this home
features granite countertops, Hardwood floors on 1st floor, and a
heated storage room on the 2nd floor. A Carport offers
covered parking, keeping your vehicle protected from the elements.
The Seller is offering a $10,000 credit to Buy Down the
Buyer's Interest Rate. This is an As-IS sale. The Seller will
provide the CO. AGENTS: Please read Agent Remarks.
Unit Size
1,782 Ft²
Days on Market
52 days
Land Size
0.19 acres
Price per sqft
$219
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1953
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Cap Rate
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 #NJBL2082704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $389,900 | |
| Listed | |||
| | |||
|
Great opportunity for a growing family or multigenerational family located in an excellent community with a top-rated school system. This great home features 5 spacious bedrooms including TWO First floor Bedrooms and THREE Second floor Bedrooms along with 2 FULL BATHs, one on Each floor. Additionally, this home offers a fully waterproofed basement offering extra space where you can enjoy the warmth and ambiance with the wood burning stove and also features an exterior entrance . The eat in Kitchen adds a cozy, functional touch while the expansive backyard provides plenty of room for outdoor activities and stay comfortable year-round with the TWO Zone AC system. The second floor AC is New 2024. In addition, this home features granite countertops, Hardwood floors on 1st floor, and a heated storage room on the 2nd floor. A Carport offers covered parking, keeping your vehicle protected from the elements. The Seller is offering a $10,000 credit to Buy Down the Buyer's Interest Rate. This is an As-IS sale. The Seller will provide the CO. AGENTS: Please read Agent Remarks.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Cecilia M Still
Keller Williams Realty - Moorestown
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL2082704
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Keller Williams Realty - Moorestown
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJBL2082704
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017