2 DRAKE COURT
About This Property
Down the hall to your right, you will find the conveniently located laundry room, and then you'll pass into the bright and sunny main bedroom suite with vaulted ceiling, dressing area with walk-in closet and en suite bath with soaking tub and stall shower. At the other end of the hall is the ample sized guest bedroom with walk-in closet and a second full guest bath. The second level offers a whole other space for living along with an expansive wall length walk in closet offering plenty of storage!
The two car garage offers more storage with shelving and pulldown attic access. There is also a sprinkler system and security system.
Holiday Village East offers a great lifestyle with access to amenities like a clubhouse with newly refurbished workout room, game rooms, library and loads of activities. There is also an outdoor pool, pickleball, bocce courts, and more. The community is close to shopping, restaurants, places of worship, hospitals, and has easy access to main roads, the city and
shore points all this and a low monthly fee make this property one to put on your list!
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Listed by Keller Williams Realty - Moorestown | $525,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017