405 TIMOTHY TER
About This Property
The kitchen is sleek and modern, perfect for whipping up delicious meals, and the laundry room ensures that chores are a breeze. You'll love the ample closet space throughout the home, as well as the convenience of a two-car garage.
But the amenities don't stop there - this property also features a solar system installed, helping you save on energy costs while reducing your carbon footprint. Outside, the spacious backyard offers plenty of room for outdoor activities, and the sprinkler system keeps the lawn looking lush and green.
Located in the sought-after Wedgwood Forest community, this home is close to everything you need. Just down the street from the Wedgwood Golf Course and the Gloucester County Outlets, you'll have plenty of options for entertainment and shopping. Plus, with easy access to major roadways, you can quickly reach the shore, Philadelphia, or NYC for even more fun.
Don't miss out on this fantastic opportunity to live in style and convenience - schedule a showing today and make 405 Timothy Terrance your new home!
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by Weichert - The Asbury Group | $499,000 | |
| Listed by Weichert - The Asbury Group | |||
| Jan 23, 2017 | Sold | ||
| Sold | |||
| Feb 29, 2016 | Listed by BHHS Fox & Roach-Washington-Gloucester | $249,900 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
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HUGE PRICE REDUCTION.....MOTIVATED SELLERS! BACK ON THE MARKET. BUYER DENIED MORTGAGE. FHA appraised at $260,000. Priced below appraised value. Quick closing. Beautiful contemporary in desirable Wedgwood Forest boasting 3 bedrooms, 2.5 baths, wooded lot, fenced yard, outside shed, newer roof, granite counter tops, newer hot water heater, newer electric range and microwave. Brick wood burning fireplace with heat-o-lator. Some pull-out shelves in kitchen. Ceramic tile floors in kitchen and foyer. Wood floors in dining room and living room. Some new carpeting. Newer insulated sliding glass door from the family room, sprinkler system all around, newer front door and back door. All located on a beautiful residential block. Complete with one year HSA Warranty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017