24 MICHAELSON DR
About This Property
Upstairs, you'll find four generously sized bedrooms and two full baths, providing ample space and comfort for the whole family. This home is equipped with dual-zoned heat and air systems, as well as a gas tankless water heater, ensuring comfort and efficiency year-round. For the automotive enthusiast or organization aficionado, the property features a 2-car garage with epoxy floors, providing both functionality and aesthetic appeal. Pet lovers will delight in the convenience of a dedicated pet grooming station, providing a comfortable space to pamper furry friends.
Located in a commuter's paradise, with easy access to major highways including 295, the New Jersey Turnpike, and all area bridges, this home offers convenience without sacrificing tranquility. Don't miss the opportunity to make 24 Michaelson Dr. your own. Schedule your showing today and experience the epitome of luxury living in Mount Laurel!
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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%.
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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.
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by BHHS Fox & Roach-Mt Laurel | $640,000 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by RE/MAX ONE Realty-Moorestown | $400,000 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
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This immaculately-kept colonial in Michaelson s Gate sits on a superior lot offering privacy and curb appeal with 2700 sq ft of living space. The appealing character of this home is enhanced by a classic floor plan, hardwood flooring and lots of natural light. Granite counters, upgraded appliances, pantry storage, and separate breakfast area are featured in the kitchen. The sunken family room, sitting adjacent the kitchen, is complemented by gas-log marble-front fireplace and French doors leading to concrete patio and fenced yard. Completing the main level is a formal living room, formal dining room, mud/utility room and updated powder room. The upper level highlights four large bedrooms, all with ceiling fans and newly carpeted and the laundry. The spacious master has a large walk-in closet and an updated elegant bath with jetted garden tub, ceramic flooring, tiled shower, and new two sinks and counter. Additional amenities include newer roof, dual zoned heat and air systems replaced in 2010, gas tank-less hot water heater, ceiling fans, sprinkler system with flower pot drips, 2-car garage. It is conveniently located near schools, shopping, major highways, Philadelphia and the New Jersey shore.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017