23 BALLAD LN
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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.
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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 |
|---|---|---|---|
| Apr 6, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by BHHS Fox & Roach-Moorestown | $295,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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Updated & Upgraded! This 4 bedroom, 2 Full bath Charming Cape Cod style home features All New Kitchen Cabinetry, 4 piece Stainless Steel Appliances, Custom tile backsplash and Granite Countertops! The bathroom have been updated with all new bath appliances, fixtures, vanity, lighting and custom tile! The crown molding and shadow box wood trim package in the living room and kitchen are a Touch of Class! There is a converted garage for BONUS Square Footage- staged as a dedicated office area! NEW ROOF, Newer Heater, Newer Hot Water Heater, Newer Air Conditioner, New Flooring Throughout, Fresh Paint throughout, New Interior Doors and Trim, Paved Driveway, Large Backyard- Great for Entertaining...Too Many Upgrades to Mention!
*Waiver of Condition of Property to be signed at settlement
*Taxes may be adjusted due to improvements
* Solar to be installed and transferred to the buyers
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| Sep 1, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Weichert Realtors-Burlington | $165,000 | |
| Listed by Weichert Realtors-Burlington | |||
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Investor or 203K. 4 bedroom 2 bath cape cod. Garage has been converted to a room with inside access. There is an additional room where the dryer hookup is located and a rear door leading to yard. Repairs and updates are needed.
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| Sep 13, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017