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27 FRIPPS ROAD
About This Property
One of the standout features of this property is the incredible 30' x 40' heated attached garage/workshop - truly a dream space for a woodworker, craftsman, contractor, or hobbyist. The current owner designed the garage with functionality in mind, featuring high ceilings, generous workspace, and ample room for tools, equipment, and projects. Whether you're a handyman, car enthusiast, or someone needing serious workshop space, this setup is hard to find.
The deep 2.38-acre lot offers privacy, outdoor possibilities, and room to enjoy country-style living while still being conveniently located.
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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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Listed by Weichert Realtors - Moorestown | $450,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017