$130,000
●
House -
Off Market
40 MAGNOLIA LN
TABERNACLE, NJ 08088
2 Beds
2 Baths
1,000 Ft²
$614
Est. Monthly
About This Property
Welcome home to this charming 2-bed, 2-bath home on a large corner
lot in the vibrant 55+ community of Allenwood Estates. Open concept
living room with new laminate flooring and ceiling fan offers
comfortable living space. Enjoy gatherings in the large
kitchen and dining room, complete with ample counter space.
Make your way to the primary suite which boasts plush carpet, 2 closets, en suite bathroom, and ceiling fan. Second bedroom with large windows floods the space with natural light and and has large closet great for extra storage. Conveniently located laundry room with access to the spacious backyard. This home offers newer HVAC (2 Years) wooden blinds, fixtures and shed. Large front porch is ideal for relaxing with your morning coffee or your evening glass of wine. Schedule your private tour today!
Make your way to the primary suite which boasts plush carpet, 2 closets, en suite bathroom, and ceiling fan. Second bedroom with large windows floods the space with natural light and and has large closet great for extra storage. Conveniently located laundry room with access to the spacious backyard. This home offers newer HVAC (2 Years) wooden blinds, fixtures and shed. Large front porch is ideal for relaxing with your morning coffee or your evening glass of wine. Schedule your private tour today!
Unit Size
1,000 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 3 years ago (Bright MLS #NJBL2060234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Smires & Associates | $125,000 | |
| Listed by Smires & Associates | |||
| Mar 7, 2017 | Sold | ||
| Sold | |||
| Oct 17, 2015 | Listed by Keller Williams Realty - Medford | $75,000 | |
| Listed by Keller Williams Realty - Medford | |||
| | |||
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STOP PAYING PROPERTY TAXES IN YOUR BRAND NEW HOME!! Welcome to your brand new energy efficient home in BEAUTIFUL Allenwood Estates. Step in to the great room with it's cathedral ceiling and you know you are home. Enjoy the large eat in kitchen with all the golden oak cabinets that make this a chef's dream. Natural gas cooking with exterior exhaust venting, mounted microwave, and upgraded refrigerator are just a few of the amenities. The owner's suite is large and includes a full bath with sit down shower. The second large bedroom is complete with a bay window and the second full bathroom is just outside the door. This home is prewired in the great room and both bedrooms for ceiling fans with light kits. The laundry room is set with hookups for the washer and gas dryer. Cost efficient living in a BRAND NEW HOME with NO PROPERTY TAX. Live care free and enjoy the good life.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: James Traynham
Smires & Associates
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2060234
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.
Smires & Associates
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2060234
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