PLEASE NOTE! SELLER HAS ACCEPTED AN OFFER AND WE WILL BE
GOING TO CONTRACT SHORTLY. Thinking about Downsizing?
Here's your opportunity to own at wonderful HEATHER HOUSE
CONDOMINIUMS! Our 2 Bedroom, 1 Bath, 3rd Floor, beautifully
updated, 100% move-in ready Condo is exactly what you've been
waiting for. Our 1008 square foot, open concept "D" unit is the
most popular Condo available at Heather House and located on the
Kraft Avenue side of the building with beautiful trees and
neighborhood views from your spacious balcony featuring newer
sliding doors. Building access to the 3rd floor is provided via the
central Elevator. Enter the unit featuring neutral painted
walls and laminate plank flooring throughout with the exception of
ceramic tile in the Bathroom. The updated Eat-in Kitchen
features attractive Cherry cabinetry, newer stainless-steel
appliances, including a gas range, built-in microwave, dishwasher,
and refrigerator, and of course, stylish granite countertops.
You'll appreciate the addition of base and upper cabinets for
additional storage and prep and there's still room for a compact
kitchen table or moveable island for additional counter/prep space.
The Kitchen opens up to a sunny Dining Room with a balcony view of
Kraft Avenue. The spacious Living Room features light gray painted
walls and a newer wall A/C wall unit that cools the main living
area. Travel down the hallway to a large coat/storage closet
and separate linen closet. You'll love the updated Bathroom with
matching ceramic tile flooring, shower and wall surround, a
beautiful Cherry vanity topped with granite countertop, and newer
commode. The spacious Primary Bedroom offers a large walk-in closet
and newer wall A/C unit. The 2nd Bedroom also features a newer wall
A/C unit and built-in bookshelves to house your favorite books and
collections. The building's basement offers an ample storage room
with individual floor to ceiling storage cages for each unit. The
location is ideal for commuting via nearby highways, PATCO railway,
a bus stop across the street, as well as access to area shopping,
restaurants, farmer's markets, medical facilities, and more. The
condo fee covers gas, heat, water, assigned parking space, pool,
building and grounds maintenance, landscaping, and trash removal.
The Heather House Condo Association Board is managed by the
residents. Everyone takes pride in the look and feel of the
building and work hard to create a warm, respectful, and welcoming
community. Don't wait on this one!! PLEASE NOTE: Heather
House has a no pets policy. The property is being conveyed in
it's as-is condition. Seller will make no repairs, although they
will secure the Township Certificate of Occupancy.
Unit Size
1,008 Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$213
Property Type
Condo
Property Taxes
$345
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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