20
Map
$234,500
●
Condo -
Off Market
404 WILLOW TURN
MOUNT LAUREL, NJ 08054
2 Beds
1 Bath
932 Ft²
$1,680
Est. Monthly
$225
HOA / Fees
About This Property
Welcome to this well-maintained first-floor condo in the desirable
Gatewood Village community! This 2-bedroom, 1-bath home offers the
convenience of one-floor living and includes a shared attached
garage. Freshly painted with clean finishes throughout, this
move-in ready home offers a bright and inviting space that's ready
for its next owner. The functional layout features a spacious
living room, dining area, and a generous primary bedroom with a
walk-in closet and direct access to the full bathroom. One of the
home's standout features is its location, overlooking open green
space with Larchmont Elementary School just beyond. Conveniently
located near shopping, dining, parks, and major highways, this home
is an excellent opportunity for first-time buyers, downsizers, or
anyone seeking low-maintenance living in a prime Mount Laurel
location.
Unit Size
932 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
Condo
Property Taxes
$304
HOA Dues
$225
Year Built
1982
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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: 18 days ago (Bright MLS #NJBL2118220)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Price Decreased |
$234,500
↓ $400
(0.2%) | |
| Price Decreased | |||
| Aug 27, 2026 | Relisted | $234,900 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Wood Floors
Appliances: Microwave, Dishwasher, Dryer, Refrigerator, Washer, Stove
Flooring Type: Hardwood
Exterior Details
Has Property Attached
Square Footage: 932
Square Footage Source: $0
Property Condition: Good, Very Good, Excellent
Architectural Style: Unit/Flat
Year Built Source: Estimated
Year Built: 1982
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Brick, Vinyl Siding
Lot Size Dimensions: 0.00 x 0.00
Tax Lot: 00001
Water Source: Public
Financial Details
Tax Assessed Value: $108,400
Tax Annual Amount: $3,642
Utilities Details
Cooling Type: Central Air, Heat Pump(s)
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, All Ground Fee, Ext Bldg Maint
HOA/Condo/Coop Amenities: Playground
Condo/Coop Fee: $225
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2022
| |
2 Bed
|
1 Bath
|
-
|
$175,000
2 Bed
1 Bath
|
$188,000
+7.43%
07/26/2022
|
Jenny Albaz
Long & Foster Real Estate, Inc.
|
Building Info
About Burlington
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Listed by: Jordan Cass
Real Broker, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJBL2118220
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.
Real Broker, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJBL2118220
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