18
Map
328 NICHOLAS DRIVE
About This Property
Step outside to your private patio, perfect for morning coffee or quiet evenings, and enjoy the ease of one assigned parking space just steps from your door.
Location is everything, and this home delivers. You're just 2–3 minutes from Route 130 and I-295, placing you in the center of a major corridor filled with shopping, restaurants, and everyday conveniences. Commuters will love being approximately 20 minutes from Philadelphia with easy access to routes heading toward New York and surrounding metropolitan areas.
This home is part of New Jersey's income-restricted affordable housing program, creating an excellent homeownership opportunity for qualified buyers. If you meet the program guidelines, this is your chance to own in a highly convenient location. Schedule your private tour today before this opportunity is gone.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Relisted | $133,884 | |
| Relisted | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 23, 2026 | Listed by Real Broker, LLC | $133,884 | |
| Listed by Real Broker, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2026
| |
2 Bed
|
2 Bath
|
1059 ft²
|
$133,884
2 Bed
2 Bath
1059 ft²
|
$133,884
05/08/2026
|
Jerrice Moore
Keller Williams Realty - Washington Township
|
|
09/08/2018
| |
2 Bed
|
2 Bath
|
1059 ft²
|
$98,000
2 Bed
2 Bath
1059 ft²
|
$98,000
12/31/2018
|
Maria Berdugo
Liberty Bell Real Estate & Property Management
|
Building Info
About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017