1901 ROBERTS WAY
About This Property
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Weichert Realtors - Moorestown | $175,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Jan 12, 2018 | Listed by BHHS Fox & Roach-Cherry Hill | $68,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
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Priced to sell. Smart investment opportunity. First floor condo in good shape. Entrance area with big walk-in coat/storage closet. Living room has hardwood laminate flooring, and corner fireplace. Large sliders to deck from living room. Sunny condo--lots of daylight. Sunny kitchen and dining area. Dining area with laminate hardwood floors. Spacious bedroom offers wall to wall carpet and large walk-in closet. Washer and dryer in unit. Bathroom shower/tub with fiberglass insert. Storage closet on deck. Nice location in Victoriana. Great opportunity! This is a short sale--new owner to be is responsible for all inspections, repairs and certifications. The monthly 285.00 includes a 10 year special assessment of 35.00, which is scheduled to expire February 2018. There is also an annual 100.00 monthly for Echelon Common Areas Management. As per HOA Dogs are not allowed. Water is included in monthly HOA. Special assessment covered the new roofing and siding 2008-2018.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017