232 N RIDING DR
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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 |
|---|---|---|---|
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by Compass New Jersey, LLC | $725,000 | |
| Listed by Compass New Jersey, LLC | |||
| Dec 18, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2019 | Listed by Keller Williams Realty - Cherry Hill | $614,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| | |||
|
LARGE PRICE IMPROVEMENT! A unique opportunity to own a fully renovated Home in a fabulous development in Moorestown exceptional school district. This 4 bedroom 3 full bath home has amazing charm. The new kitchen has high-end cabinetry, built-in stainless appliances, high-end quartz countertops, a huge island that accommodate large seating, and opens to the family room with wood burning fireplace. Solid exotic Brazilian Koa hardwood has been installed throughout. The master suite can only be described as a magnificent, it includes large custom organized walk-in closet, master bath with dual sink vanity, large custom glass enclosed shower, and heated ventilation fan. The laundry room has been relocated to the 2nd floor for absolute convenience. The office on the main level could be used as a 5th Bedroom or Recreation Room. New high efficient windows, 2-panel doors, and LED recessed lighting throughout. The basement is redone with new high-efficiency HVAC and HWH, whole basement French drain system installed. Home has a 2-Car side entry garage with newly paved driveway. There is an enclosed sun room with access to a large fenced-in yard, the property is situated on over 1/2 acre lot backs to wooded land, the property line extends well beyond the fence line. 1-yr Home Warranty is included. This beautiful gem could be yours, schedule your showing now!
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| Mar 7, 2019 | Sold | ||
| Sold | |||
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About Moorestown-Lenola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017