27 KINGSBRIDGE DR
About This Property
This beautifully updated split level home sits on .25 acres of land within the peaceful neighborhood of Stonebridge in Burlington Township. Just minutes away from Interstate 295, New Jersey Turnpike, Route 130, and the Burlington Bristol bridge, this home comes complete with 4 bedrooms, 2.5 baths, attached 2 car garage, unfinished basement, walk- up attic for extra storage, spacious kitchen with integrated sunroom breakfast nook, a rec room that has a brick fire place and wood burning insert that can be removed if you like, has recessed lighting, plush carpet that transfers into vinyl flooring in front of the fireplace.
The kitchen has Corian counter tops, custom back splash and comes fully equipped with updated Samsung appliances , microwave, five burner gas stove, Kenmore refrigerator, dishwasher and garbage disposal. There is a full size island with extra cabinets and counter space. Above is a floating pot rack and there is an integrated breakfast nook with a ceiling fan and backyard access also. The formal dining room is complemented by crown molding and chair rail molding to create an elegant eating experience, adjoining living room with a large Bow window shadowed by Hunter Douglas automatic opening and closing shades controlled at the click of a button.
The second floor main bathroom is newly renovated (2021) with his and her double sink, barn door style closet, frameless glass shower door and beautifully tiled walls including 3 glass shelves and a shower Niche, recess lighting , Bluetooth fan with nightlight capability.
Stepping up to this lavish home you will be greeted by a beautiful hardscape surrounded with up-kept scenery. It has a paver walkway leading into your dream home and has a comfortable porch perfect for that morning cup of coffee.
This home comes with New HVAC systems (2020), Hunter Sprinkler System, Dimmable Recess lighting throughout, Newly installed Vinyl flooring in the kitchen, living room, dining room, second floor stairs, and bathrooms. The plush carpeting flows through the second floor and rec room which comes with wood burning insert that can be removed if you like. The first floor half bath has a Waterfall faucet, corner shelving space, an outside entrance leading directly onto the patio and pool area. The Anderson sliding door opens from the rec room onto the pool patio.
There is a newer set of front loading washer and dryer in the basement.
The backyard is a relaxing outdoor oasis which makes everyday feel like a vacation. Equipped with large In-Ground Pool and diving board, Great Lakes Fraser Gazebo (10x10) with 2 sides of Louvres, a skylight and a bar, housing a 6 person Evolution Jacuzzi Spa with multi function LED lighting, sound system, and waterfall. Step out of the Spa on to a hardscape patio with built in Paver Fire Pit. For that extra storage, a double door shed with Vinyl siding, shingles, and shutters that match the main house. It also includes 2 windows with flower boxes on either side of the double doors, and two loft areas on each side of the shed. The gutters have leaf filter gutter guards for easy fall cleanup and a perfectly maintained lawn excellent for those yard games with the family.
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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 |
|---|---|---|---|
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2022 | Listed by R. H. Mosier Inc. | $439,900 | |
| Listed by R. H. Mosier Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017