Burlington
309 NICHOLAS DR
$95,000
●
House -
Off Market
309 NICHOLAS DR
DELRAN, NJ 08075
2 Beds
1 Bath
950 Ft²
$205,013
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model
About This Property
Lovely 2 bedroom condo in the Garden Club development in Delran!
This cute third floor condo features a dining room, spacious
living room, and kitchen. Enjoy lounging by the pool during
those hot summer days, the tennis courts when you want a workout,
and enjoy maintenance-free living at its best! At this price,
this one won't last long!! ***This is a deed restricted property
for moderate income buyers. All offers must be accompanied with
completed state application to seek state approval (see attached
application). Also, development is FHA approved.***
Unit Size
950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$210
HOA Dues
$147
Year Built
2003
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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: 4 years ago (Bright MLS #1003880766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Listed by Weichert Realtors - Moorestown | $89,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| | |||
|
Beautifully maintained 2 bedroom condo in The Garden Club! * Sunlit Living Room and Dining Room * Balcony with Extra Storage * Kitchen with all appliances included, plenty of Cabinets, Counterspace, and Pantry! * Large Main Bedroom with Ample Closet Space * Huge Bathroom! * Full-Size Washer & Dryer * THIS IS A MODERATE INCOME PROPERTY, with Sale Price set by the NJHMFA; completed Application (provided in docs) must be provided to L/A to present to the HMFA for their review & approval prior to going to Contract; Max. Income Limits: $52,160 for 2 person household, $58,680 for 3 persons, $65,200 for 4 persons. Come See and Make It YOURS!!
| |||
| Oct 31, 2012 | Sold | ||
| Sold | |||
| Mar 6, 2012 | Listed by RE/MAX Preferred - Mullica Hill | $95,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Todd Hahn
RE/MAX Preferred - Mullica Hill
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1003880766
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.
RE/MAX Preferred - Mullica Hill
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# 1003880766
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