24 LENAPE TRL
About This Property
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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 24, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Weichert Realtors - Moorestown | $335,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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Looking for some lake-living at an affordable price? Say hello to 24 Lenape Trail in highly coveted Medford Lakes! This beautifully updated rancher features gorgeous LVP floors, an open concept floor plan, a stunning bathroom with double sinks, 3 nicely sized bedrooms, a living room with a beautiful wood-burning fireplace, and a converted garage which can be used as an exercise room, home office, whatever your heart desires! From the living room, you can exit through the sliding doors to a nice porch to enjoy your morning coffee and take in the scenery from your fully-fenced backyard. This one has to be seen in person to truly take in its beauty and all it has to offer. The owner has membership to the Colony Club and all the lakes, trails, playgrounds, and abundant amenities Medford Lakes has to offer. Make sure to schedule your private showing before it's gone!
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| Jun 28, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by Keller Williams Realty - Moorestown | $249,900 | |
| Listed by Keller Williams Realty - Moorestown | |||
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Updated lake living for under $250,000! Welcome to 24 Lenape Trail, a gorgeously remodeled rancher in desirable Medford Lakes! As you walk through the front door you'll admire the dining room opening to the living room featuring the stoned wood burning fireplace surrounded with built ins. Exit through the sliding doors and enjoy morning coffee or a drink after work out on the screened in porch overlooking your fully fenced in yard complete with fire pit. Garage converted into an additional bonus room perfect for a playroom or man cave! This home boasts so many beautiful updates that are a must see in person. Additionally AC system and water heater have been updated in 2014. Move in just in time to enjoy summer on the lakes!
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| Aug 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017