307 ELBO LN
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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.
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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 |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2022 | Listed by BHHS Fox & Roach-Mt Laurel | $349,900 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2019 | Listed by HomeSmart First Advantage Realty | $249,900 | |
| Listed by HomeSmart First Advantage Realty | |||
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Wow! Just shy of half an acre in desirable Mount Laurel! 3 bedroom, 2 1/2 bath colonial with expansive frontage is waiting for your visit! Plenty of rooms in this lovely colonial, including living room, dining room, eat in kitchen, family room, sunroom, bonus room and a 2 car converted garage currently used as a "mancave". ("Mancave has separate entrance with french doors!) Great room flow, with endless potential. Large backyard has deck and patio, firepit area and wooded views. Ceiling fans throughout, and a wood-burning fireplace in the family room, complete with vaulted ceilings. Three season sunroom overlooks backyard. Floored attic provides additional storage. Subject to short sale approval, being sold as-is. Come and see this lovely home and enjoy all that beautiful Mount Laurel has to offer! Convenient to major highways, local shopping and great restaurants.
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017