$400,000
●
House -
Off Market
18 FALMOUTH DRIVE
MOUNT LAUREL, NJ 08054
2 Beds
2 Baths
1,331 Ft²
$2,434
Est. Monthly
$133
HOA / Fees
4.98%
Cap Rate
About This Property
Desirable Madison Model in Holiday Village in Mount Laurel is now
ready for the new owner! A lovely 55+ community with so many
amenities and activities to enjoy. No more mowing lawn or shoveling
snow, ready for easy living. This sought after model has 2 bedrooms
2 baths a 1 car garage and not only a den but an enclosed sunroom
with views of trees/woods. Freshly painted and new carpeting
throughout. Lovely wood burning fireplace to sit around during the
cold evenings with friends and family. Great home for entertaining
including the open floor plan. The new roof was installed 6 months
ago, dishwasher & refrigerator are 2-3 years young, 2 sliders in
den were converted to a bay window, washer & dryer were replaced 3
years ago, Heater 2015 and new HVAC April 2024. Not too much to do,
to make it your home! Don't wait to tour this home in this
desirable community. Call today for your personal tour.
Unit Size
1,331 Ft²
Days on Market
17 days
Land Size
0.16 acres
Price per sqft
$282
Property Type
House
Property Taxes
$460
HOA Dues
$133
Year Built
1987
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Cap Rate Calculator
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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 #NJBL2086226)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Keller Williams Realty - Medford | $374,900 | |
| Listed by Keller Williams Realty - Medford | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Ivy M Cabrera
Keller Williams Realty - Medford
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL2086226
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty - Medford
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL2086226
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