Burlington
330 MECRAY LN
$275,000
●
House -
Off Market
330 MECRAY LN
MAPLE SHADE, NJ 08052
4 Beds
1 Bath
$283,787
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
So many updates have been made to this cute Cape Cod, such as new
ceiling in living room with high hat lighting, fresh paint, new
baseboards, new laminate floor. Kitchen cabinets have all
been painted and new hardware was installed, new Moen faucet,
replaced ceiling fan. The bathroom has been totally gutted
and remodeled in 2022. Upstairs bedrooms both rooms have been
painted, ceilings and walls and trim and replaced the doors.
Basement has been dry locked, painted floors and added a finished
sports room and pantry. The Sunroom is the place to be, new
paint replaced ceiling fans. The Deck has all new outlets and
the backyard has a firepit and it's all fenced in. New hot
water heater in 2022. This one is maintenance free for years
to come. See you at the Open Houses this weekend!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #NJBL2036350)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by Coldwell Banker Realty | $267,500 | |
| Listed by Coldwell Banker Realty | |||
| Dec 1, 2014 | Sold | ||
| Sold | |||
| Jul 9, 2014 | Listed by Real Estate Professionals Inc | $104,900 | |
| Listed by Real Estate Professionals Inc | |||
| | |||
|
Corporate owned. Vacant. Sold As Is.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About Burlington
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Listed by: Carmela Pirolli
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2036350
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2036350
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