329 CHEWS LANDING RD
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Oct 30, 2022 | Listed by BHHS Fox & Roach - Haddonfield | $18,000 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by BHHS Fox & Roach - Haddonfield | $12,000 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
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MOTIVATED SELLER.......Vacant Land, the building (home with attached garage)was demolished years ago. The Borough of Lindenwold Sewer and the CCMUA has been continuously paid after the demolition of the home. The water company in this neighborhood is NJ American Water. Neighboring property/home at 331 Chews Landing Road has South Jersey Gas service, so it is likely to be available at this vacant land/lot. Curbs and sidewalk already exist. The demolition invoice indicates that the foundation was cut off 18" below grade. It may be that the remaining foundation can be useful to buyer. (This demolition document is available upon request.) The Buyer is to do their own due diligence and verify all information for themselves. AND Buyer has all responsibility for all and any permits, certification, variances, soil testing, etc. whatever necessary to build on this vacant land. The frontage is 95' on tax records. It appears less ....as the large driveway/apron providing the blacktop parking spaces (approx. two) adjacent to neighboring driveway of the home at 331 Chews Landing Road are part of this land at 329 Chews Landing Rd- vacant land, aka Block 199 Lot 5. You can access this lot via two separate driveway/aprons off ChewsLanding Road. Convenient parking. When you are building you might like to consider a 'circle' driveway. This lot is considered office professional with potential of residential w/ variance. (check with Lindenwold Borough regarding any residential variance requirement).
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| Jul 22, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017