30
Map
$184,500
●
House -
Off Market
406 NECK ROAD
BURLINGTON, NJ 08016
3 Beds
1 Bath
1,198 Ft²
$212,813
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Looking for a starter home in Burlington Township? Maybe it's
time to downsize? Either way, this three bedroom ranch home
should meet your needs. You will enter into your living room
with natural light from your bay window and warmth from your
wood-burning fireplace. The large dining room will give you
plenty of room for family gatherings. Your kitchen with
breakfast has hardwood cabinetry and a breakfast nook. The
large primary bedroom has built-ins around the closet for plenty of
storage. Two additional bedrooms and a full bath round out
the living area. There is a full basement with laundry, a
french drain, and plenty of storage space. Your rear yard
backing up to the woods is fenced. House is being conveyed
as-is.
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$146
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1926
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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: 5 days ago (Bright MLS #NJBL390474)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Keller Williams Realty - Marlton | $250,000 | |
| Listed by Keller Williams Realty - Marlton | |||
| | |||
|
MULTIPLE OFERS – calling for highest and best by Friday, March 25 at 12 noon
This cute and cozy rancher is what you’ve been looking for if you want to be able to move right in and take advantage of all that Burlington Township has to offer. This home has been tastefully updated and now has 2 bathrooms rather than just one. Relax in the living room after working all day. Enjoy meals in the spacious dining room. Practice your culinary skills in the modern kitchen. The lot is huge, fenced in, and backs to township land, so no neighbors behind you.
| |||
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by EXP Realty, LLC | $175,000 | |
| Listed by EXP Realty, LLC | |||
| Dec 1, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Robert J Millaway
EXP Realty, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJBL390474
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.
EXP Realty, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJBL390474
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017