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347 N FORKLANDING ROAD
About This Property
The main level features 3 bedrooms, including several with custom built-in cabinetry, along with a full bathroom with a walk-in shower. The spacious eat-in kitchen offers gas cooking, plenty of room for a dining table, and a convenient side entrance. Several windows have also been replaced.
Upstairs, you'll find the 4th bedroom along with a large walk-in attic measuring approximately 15' x 15', providing excellent storage space.
The full unfinished basement offers even more possibilities and includes a workshop area, washer and dryer, utility sink, and a full walkout to the backyard. Outside, the yard is partially fenced and provides plenty of space to enjoy.
Additional improvements include a heating system and hot water heater that were replaced approximately 6 years ago. Roof and gutters replaced in 2025!
Bring your ideas and make this Cape Cod your own! Property is being sold strictly as-is, with the buyer responsible for any and all inspections, repairs, certifications, and requirements necessary for the sale and/or occupancy.
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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.
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 28, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Listed by Weichert Realtors - Moorestown | $299,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017