327 PLAZA GRANDE
About This Property
Here is another opportunity for those learned and savy 55 and over buyers. Available units don't come on the market all that often at the highly sought after Plaza Grande at The Garden State Park. For those looking to get in, here is a spotless Churchill model with 2,100 sq. ft., 2 bedroom, 2.5 bath, second floor location, stylish floor plan, hardwood flooring, large laundry area, plenty of closet space, ceramic tile in the two large full baths and powder room, an appealing Juliet balcony off the living room and other features that make this unit desirable. The Plaza Grande also offers a state of the art clubhouse with many amenities such as an excerise room, indoor and outdoor pools, theatre room, fitness center and a huge community room with residents indulging in billiards, tv viewing and card games. Don't forget the amazing location with close proximity to shopping and dining as well as only being 15-20 minutes to Philadelphia. Make an appointment to tour this condo then make the investment. Professional photos coming soon.
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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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by RE/MAX Preferred - Sewell | $414,900 | |
| Listed by RE/MAX Preferred - Sewell | |||
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About Mount Ephraim
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017