Burlington
308 LIPPINCOTT AVE
$150,000
●
House -
Off Market
308 LIPPINCOTT AVE
RIVERSIDE, NJ 08075
2 Beds
2 Baths,
1
Half Bath
1,086 Ft²
$216,545
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
Pride of ownership shows in this well maintained ranch style home
on the desirable "AVENUES". This clean, neat home (easy one
floor living) features 2 bedrooms, 1 1/2 baths and partially
finished basement (possible 3rd bedroom or game room) with walk-up
outside entrance. Basement also features laundry, half bath,
workshop/exercise room and plenty of storage! There is a cozy
front porch and covered rear patio (plus deck) great for
entertaining or just relaxing. Spacious kitchen with
breakfast room, double sink, many cabinets, dishwasher plus slider
to rear patio. Large yard, nicely landscaped plus long
driveway for off street parking. shed and many built-ins for
storage. Centrally located - close to major highways,
shopping and fine dining! Home is priced to sell and being
sold in "AS IS" condition with buyer responsible for all
inspections and repairs including township Certificate of
Occupancy.
Unit Size
1,086 Ft²
Days on Market
141 days
Land Size
0.18 acres
Price per sqft
$138
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1971
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #NJBL356728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2019 | Listed by Weichert Realtors - Moorestown | $150,000 | |
| Listed by Weichert Realtors - Moorestown | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Kathleen Hullings
Weichert Realtors - Moorestown
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL356728
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Weichert Realtors - Moorestown
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJBL356728
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017