38 FAIRFAX DR
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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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by Keller Williams Realty - Moorestown | $387,500 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by Keller Williams Realty - Medford | $359,000 | |
| Listed by Keller Williams Realty - Medford | |||
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Welcome to this meticulously maintained and upgraded home in Holiday Village, a 55+ Active Adult community in Mount Laurel! Don't miss the opportunity to own this corner lot home across the street from one of the beautiful lakes/ponds in this development. As you pull up to this home, you will see the mature landscaping and tiled flooring on the porch. Grab a cup of coffee, tea or a cocktail and enjoy watching the fountain in the middle of the lake. This 2 bedroom 2 bath, 1 car garage home has many special features. Pergo Select flooring throughout and freshly painted neutral color, ready for your decor. No wallpaper to remove or carpeting to be replaced. The kitchen has quartz countertops, upgraded appliances to include Bosch dishwasher, gas range/stove and upgraded cabinets. Windows have been replaced, roof, HVAC and newer water heater (2020). Widened entryways to the sunroom and the hallway allow for handicap accessibility, as well as master shower and hallway shower stalls. Other special features include recess lighting, ceiling fans in all rooms, custom cornices and wood blinds, plantation shutters in master bedroom and sprinkler system. The garage with inside access, has lots of storage space and shelves as well as pull down stairs to the attic for additional storage. The amenities in Holiday Village are great! Heated & salt water outdoor pool, exercise room, pool tables, shuffleboard, library, weekly activities and trips are there for you to enjoy, if you chose. You will be close to everything; major highways, shopping, medical facilities, shore, Philly, you name it! Call today for your private tour of this lovely home!
Motivated Seller!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017