$190,000
●
House -
Off Market
348 FARNER AVE
BURLINGTON, NJ 08016
4 Beds
2 Baths
1,310 Ft²
$196,340
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Welcome Home to this Charming Single in Burlington City's
Farnerville Neighborhood. As you enter the living room you are
greeted by hardwood floors throughout. To the right is a bright and
cozy eat in kitchen with spacious breakfast nook. To the rear of
the home, the first floor has two great sized bedrooms and a full
bathroom. Second floor offers a spacious landing that can be used
as small office space with a large walk in closet and 3 additional
hall closets as well as another full bathroom. Two additional
bedrooms complete the second floor. Basement was previously
finished and can be completed and used for an additional 700
sq ft of living space. The rear detached garage hosts a
screened porch and deck for your outdoor enjoyment. The rear
yard is large and spacious with an added rear shed for storage.
This home is owned by the original owner and has been kept in great
condition, awaiting your finishing touches! Don't wait this home
will sell fast!
Unit Size
1,310 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$145
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1941
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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 #NJBL2009314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Century 21 Veterans-Newtown | $189,900 | |
| Listed by Century 21 Veterans-Newtown | |||
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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ft²
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About Burlington
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Listed by: Melanie Elliott
Century 21 Veterans-Newtown
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJBL2009314
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.
Century 21 Veterans-Newtown
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJBL2009314
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