300 LIPPINCOTT AVE
About This Property
BATH with adjacent family room/bonus room with access to awesome oversized yard featuring lavish landscaping, shed and wishing well. The second floor has 3 nicely sized bedrooms plus an enormous main bath. The 3rd floor consists of the primary bedroom with an added bonus room/office. Basement has interior access along with an exterior side door. There is a partially finished area that could be a game/exercise room. Plenty of room down here for storage! Numerous upgrades and amenities to include: replacement windows mostly throughout, wood trim, custom built-ins, 9' ceilings and central air on 1st floor, HARDWOOD FLOORING (UNDER CARPET) pocket doors, stainless appliances, ceiling fans, sunny and bright with spacious rooms, cozy enclosed front porch, basement, oversized corner lot with plenty of parking! Centrally located - close to major highways, shopping, dining and NJ Light Rail train. Do not delay on this truly remarkable one-of-a-kind home with all its character and charm! One Year Home Warranty included!
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Cap Rate Calculator
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 19, 2023 | Sold | ||
| Sold | |||
| Nov 26, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Oct 12, 2023 | Listed by Weichert Realtors - Moorestown | $380,000 | |
| Listed by Weichert Realtors - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017