3 WENDOVER DR
About This Property
On the 2nd floor, you can enjoy the spacious primary bedroom featuring newer wall to wall carpeting and crown molding. The master bathroom has been recently renovated with porcelain floors, a gorgeous double sink vanity with a marble top, and lovely stall shower with frameless glass shower doors. There are also 3 additional bedrooms that share the hall bath which has a tub/shower combo.
In addition, this home has a vinyl sided exterior and newer replacement windows in front 1st and 2nd floor of house, inground sprinkler system, pull down attic storage, workbench in garage, security system, plus 5 ceiling fans.
Ideal location within walking distance to Larchmont Swim club, close to shopping, parks, restaurants and entertainment. Minutes' drive to Rt 38 and major highways. 15 miles to Philadelphia and just over an hour drive to the Jersey shore! Mount Laurel is known for its highly rated school district! This is a home and a neighborhood that you can feel great coming home too!
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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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Sep 22, 2022 | Listed by Weichert Realtors - Moorestown | $465,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017