34 RIVER DR
About This Property
Lovely foyer entry to open concept floor plan spills into the living room with plenty of natural sunlight through out. This home boasts freshly painted with neutral colors and hardwood flooring. The spacious family room is warm and inviting with wood burning fireplace that adjoins the dining room making it perfect for entertaining. There is an updated kitchen. Beautiful Primary Suite with updated full bath and walk-in closet. Down the hall offers 2 spacious bedrooms, updated full bath and laundry room. Large yard with deck and shed for extra storage. New roof, gutters, doors , HVAC and windows. Great street and location close to shopping, restaurants, schools, parks, marina's and major roadways. Walking distance to Amico Island Park. A wonderful opportunity to make this your dream home! As-Is Condition-One Year Home Warranty Included. Lender may require flood insurance.
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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 |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Dec 7, 2023 | Listed by Weichert Realtors - Moorestown | $425,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| Jan 27, 2023 | Sold | ||
| Sold | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017