280 TAVISTOCK
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%.
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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 29, 2018 | Sold | ||
| Sold | |||
| Oct 19, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | Listed | $92,850 | |
| Listed | |||
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Designated affordable housing, 2 bedroom, 2 bath condo in Tavistock. Affordable housing restrictions apply. This fantastic 1st floor condo with 2 bedrooms and 2 full bathrooms is well maintained and updated. Good size living room. Opens to patio. Adorable eating area and nice kitchen. New paint and carpet. Brand new heater just installed. Brand new washer and dryer are negotiable. Great Location too! All prospective Buyers Must Be Approved by Cherry Hill Township Affordable Housing PRIOR to setting appointment to view this excellent first floor condo! The application can be found in the documents attachment to this listing, and the contact information for the Cherry Hill Affordable Housing Department can be found in agent remarks. The sale of this home is subject to the Uniform Housing Affordability Controls set forth by the NJ Council on Affordable Housing. This is a 2 bedroom unit available to households of 2 to 4 people. However for these purposes, a couple constitutes "1-person" and therefore would need another individual living there too. Income limitations: 2-person household 52,160; 3-person household 58,680; 4-person household 65,200. All prospective buyers need to obtain a certificate of eligibility prior to submitting an offer on the property. The manager has listed the unit size as 1005 square feet.
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| Jul 9, 2018 | Listed by Century 21 Alliance-Cherry Hill | $92,850 | |
| Listed by Century 21 Alliance-Cherry Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017