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326 PITMAN ROAD
About This Property
The eat-in-kitchen is a culinary masterpiece, nicely accented with a tile backsplash, pantry, double sink, and all appliances included. And let's not forget the attached two-car garage with a third garage door on the backside, perfect for all your significant projects. Plus, the partial basement with walk-out bilco doors adds even more space to your new home! This home is being sold strictly as is.
But that's not all, folks! Enjoy the fresh air on the front patio or backyard deck, and take advantage of the fantastic location. This home is located in the highly respected Mantua Township Elementary School District and Clearview Middle and High School District. With over an acre of land and the Pitman Golf Course less than a mile down the road, you'll have plenty of room to spread out and relax. And if you need to get around, the home is conveniently located close to Routes 55, 322, and the NJ turnpike.
So what are you waiting for? This home is a must-see, and you won't want to miss out on this incredible opportunity!
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 9, 2023 | In contract | - | |
| In contract | |||
| Mar 16, 2023 | Listed by EXP Realty, LLC | $289,999 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017