40 MICHAELSON DR
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 16, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by Coldwell Banker Realty | $409,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to this fabulous colonial home in Michaelson's Gate. The beautifully landscaped lawn and classic exterior will captivate you from the moment you arrive. Entering into the Foyer with hardwood floors and two coat closets, the floor plan flows easily throughout the first floor. The Living Room has newer carpet and the Dining Room has gorgeous newer hardwood floors. Both rooms have been have been enhanced with newer crown molding and wainscoting. The Kitchen and Family Room are open to each other - perfect for entertaining or relaxing with family and friends. The Kitchen has Corian counters and newer large-tile ceramic flooring, tile backsplash, stainless-steel appliances, disposal and sink fixtures. The Family Room features a fireplace with stone veneer and a wet bar with newer granite countertop. French doors lead to an amazing fenced back yard with stamped concrete patio, retractable awning, custom lighting, playset and shed. The second floor has an amazing Master Suite with double-door entry, walk-in closet and a luxurious bath with a generous soaking tub, double-sinks and an oversized shower. This bath has been upgraded with newer tile flooring and tile-work around the tub and in the shower. The remaining three bedrooms are spacious - one has a walk-in closet and one has a charming window seat. The main bath has also been renovated with newer tile flooring and vanity. The washer and dryer are conveniently located on the second floor. The 2-car garage has access to attic space for additional storage. Additional upgrades include new Lennox HVAC (2017), newer roof (2015) New water heater (2018) and front yard sprinklers. This amazing property is easily accessible to Routes 38, 73, 295 and the NJ Tpk, the bridges to Phila and the Joint MDL Base.
| |||
| Nov 21, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by BHHS Fox & Roach-Mt Laurel | $399,900 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Jul 30, 2014 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017