18 NEW CASTLE DR
About This Property
Nestled in the picturesque Pinelands National Reserve, Leisuretowne offers beautiful lakes and forests. The community features two heated inground pools, four recreation buildings, a fitness center, a driving range, and a putting green. For sports enthusiasts, there are bocce, shuffleboard, tennis, and pickleball courts. Other amenities include a billiard room, two libraries, and lakes ideal for kayaking, canoeing, and fishing. Walking trails provide a great way to explore the natural beauty of the area. With 24-hour security, scheduled bus and shopping trips, and numerous clubs to join, Leisuretowne ensures a safe and vibrant lifestyle. This property will not disappoint-schedule your showing today, as it won't last long!
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Cap Rate Calculator
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 17, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Price Decreased |
$299,900
↓ $26K
(8%) | |
| Price Decreased | |||
| Aug 9, 2024 | Listed by Keller Williams Realty - Moorestown | $325,900 | |
| Listed by Keller Williams Realty - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017