315 LILAC 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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Weichert Realtors - Moorestown | $325,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| May 26, 2016 | Sold | ||
| Sold | |||
| Nov 15, 2015 | Listed by Shirley Rossi Realty | $232,900 | |
| Listed by Shirley Rossi Realty | |||
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Recently updated three bedroom cape cod on tree lined street. Hardwood floors on main level were refinished in 2011. First floor bathroom upgraded in 2015. Home is tastefully decorated in neutral colors. On cold evenings everyone can gather around the cozy brick fireplace in the spacious living room. Kitchen was upgraded in 2014 with hardwood maple soft-close cabinets, engineered wood laminate flooring, granite counter tops, stainless steel appliances, and a deluxe five burner range with built-in microwave. To complete the first floor there is also a dining room and two bedrooms. To keep things cool, central air was added in 2012. The second floor was converted to a master bedroom suite in 2013 with a full bathroom and 48" stall shower with rain shower head and tile floors. Adjacent to master bedroom suite is a 10' x 12' room that could be an office, nursery or computer area. The full basement has endless possibilities. The exterior is maintenance free with vinyl siding and brick. The home offers off-street parking and a one car attached garage. Nicely landscaped with irrigation system and privacy fencing.
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017