2 KNOX BLVD
About This Property
Welcome to Marlton! This 3 bedroom, 1.5 bathroom home is situated on a generously sized lot and in an excellent location. You are just minutes away from shopping, grocery stores, restaurants/bars, movie theaters, and much more. The desirable neighborhood of Heritage Village is situated between Route 70 and Main Street making it extremely easy for commute and travel. Upon arrival you will notice the well maintained exterior. The main floor consists of 3 bedrooms, a fully renovated bathroom, and open floor plan combining kitchen, dining area and large family room. The spacious kitchen is equipped with newer stainless steel appliances and granite counter tops. The lower level boasts another large living area, powder room and laundry area. Step into the backyard that is surrounded by vinyl fencing offering a private oasis for outdoor entertaining, gardening, or relaxing. There is plenty of space for storage with an outdoor shed and 2 car garage. You will also have an added peace of mind that the sewer line has recently been replaced from the home out to the street, you have new concrete entry steps, and the central air/gas furnace is only 5 years old. Come see this terrific home.
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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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by Keller Williams Realty - Marlton | $379,000 | |
| Listed by Keller Williams Realty - Marlton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017