1840-202 2 FRONTAGE RD #202
About This Property
Primary bedroom suite is very spacious and has a great walk-in closet. Second bedroom is also very generous in size with a walk-in closet. This unit faces the FRONT of the building and has a terrific views! Sliding door to the balcony to enjoy your morning coffee and tranquility throughout the day. Condo fees include ALL utilities (except cable and quarterly sewer). Endless amenities in the Mark 70 building: outdoor pool, tennis, pickle ball, community room/ social hall and a full kitchen and with fantastic on-site maintenance. There are also plenty of social activities to engage if you desire such as bingo, book club, outings for meals, and more.
Mark 70 is close to Route 70, Route 295, minutes to central Philadelphia and the New Jersey Turnpike. Don't miss out on this wonderful opportunity! Showings by appointment.
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by Better Homes and Gardens Real Estate Maturo | $197,500 | |
| Listed by Better Homes and Gardens Real Estate Maturo | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2023
|
2 Bed
|
1 Bath
|
1016 ft²
|
$197,500
2 Bed
1 Bath
1016 ft²
|
$197,500
02/28/2024
|
Amy Rossano
Keller Williams Realty - Cherry Hill
| |
|
03/23/2021
|
3 Bed
|
2 Bath
|
1724 ft²
|
$156,500
3 Bed
2 Bath
1724 ft²
|
$150,000
-4.15%
06/11/2021
|
Nancy Pearl
Compass New Jersey, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017