338 SAPLING WAY
About This Property
Pride of ownership shines through in this lovingly maintained home by its original owners. Inside, you'll find a freshly painted interior and brand new carpet throughout, giving the home a clean, modern feel from the moment you walk in. Major updates have already been taken care of, including a roof replaced in 2019 and an HVAC system under 7 years old, so you can move in with confidence. The deck has been freshly stained and sits above a poured concrete slab to help prevent mud and deter critters. The driveway was professionally sealed just last year, adding to the home's excellent upkeep.
Enjoy the fully fenced backyard and spacious deck, perfect for relaxing or entertaining. Set in a wonderful neighborhood close to the park and elementary school, with easy access to shopping, restaurants, and major highways, this home is part of the Waterford Township School District and Hammonton High School.
Don't miss your chance to call this one home!
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Real Broker, LLC | $415,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017