Burlington
37 FRONT ST
$337,000
●
House -
Off Market
37 FRONT ST
MOUNT HOLLY, NJ 08060
3 Beds
2 Baths,
1
Half Bath
2,428 Ft²
$386,568
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
37 Front Street - Two-story home with a carriage house in the back
- 3 Car garage & a separate office area with stairs to a very large
loft. Would make a great studio! A two bedroom, 1 bath,
800 square foot 'apartment' that faces Ridgley Street was
constructed at the back of the garage and can be accessed from the
center bay of the garage or from Ridgley Street. 'Apartment' has off-street parking in a driveway and a shed for storage.
Postal address for apartment is 24 Ridgley. Seller has
rented the apartment for $1250 to $1300 per month. This could
continue as a rental - $15,000 per year income - or use it as an
in-law apartment. The main house has hardwood flooring, a
fireplace in the living room, built-ins in the living room, family
room and dining room, a full basement and more. This property
is being sold in "AS IS" condition. The Seller will not do
any repairs.
Unit Size
2,428 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$134
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
1940
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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 #NJBL394004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by RE/MAX ONE Realty-Moorestown | $325,000 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Burlington
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Listed by: Linda Burke
RE/MAX ONE Realty-Moorestown
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL394004
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.
RE/MAX ONE Realty-Moorestown
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJBL394004
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