2815 SCHOONER LANE
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | Listed | $939,900 | |
| Listed | |||
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Welcome to 2815 Schooner Lane Sweetwater NJ, on the infamous Mullica River. This beautiful waterfront, custom home is a boat ride to the ocean/bay and walking distance to the ever-popular Sweetwater River Deck. Boosting over 5,000 sq ft, in my opinion, making it one of the biggest or the biggest in that area. Home has 4 Bedrooms and 4 Full Bathrooms; each room besides downstairs bedroom has an on suite bathroom. There is more…house has a huge garage with walkup attic, office and workshop built in, and huge game room with water views. Boosting almost 200ft of water frontage, with boat lift and floating decks. The wall of sliders gives you a panoramic view of the water and plenty of natural light. If you are not interested in swimming in the river, don’t worry this house has you covered in its inground, heated, salt water pool. There is an enclosed shower for convenience after all your swimming fun. This waterfront home has to much to offer, and needs to be seen to appreciate… Summer is almost here, and new memories to be made. Call Today... to really appreciate Schooner Lane..
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| Jul 27, 2019 | No longer available | - | |
| No longer available | |||
| Nov 12, 2018 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| Aug 23, 2018 | Price Increased |
$399,000
↑ $199K
(99.6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017