Burlington
423 IOWA AVE
$182,322
●
House -
Off Market
423 IOWA AVE
DELANCO, NJ 08075
2 Beds
1 Bath
1,064 Ft²
$249,947
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Private one-level Ranch style home nestled in a quiet end of street
location overlooking wooded side views. Many wonderful amenities
and upgrades throughout featuring polished hardwood floors
throughout most of the 1st floor living area. Spacious living room
with Bay window which leads into expansive dining area with glass
french doors. Upgraded Energy Star and existing Pella windows are
extremely efficient. Hallway full bath has been updated several
years ago with custom tile flooring. The perfect entertaining
kitchen with expanded countertops, vinyl flooring and a
convenient corner kitchen desk area. Rear sliders open to a large
wood deck, fenced in yard & a concrete patio area. Both first floor
bedrooms are spacious in size and have upgraded ceiling fans with
hardwood flooring. The basement offers additional rooms ( just add
carpet) and a private office. Updated electric panel, Roof and HVAC
is only 7 years old. A great place to call home !
Unit Size
1,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1952
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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: 4 years ago (Bright MLS #NJBL377430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2020 | No longer available | - | |
| No longer available | |||
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by RE/MAX ONE Realty-Moorestown | $184,900 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
| Dec 17, 2012 | Sold | ||
| Sold | |||
| Nov 5, 2012 | Listed by Coldwell Banker Realty | $159,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Totally Renovated in 2012. New bathroom and plumbing. New electric service panel and grounds, new outlets and recessed lighting. New Energy Star windows and existing Pella windows all reconditioned. New drywall over new studs. New insulation even in the interior walls. Living room has new hardwood flooring and French doors to the dining room. New kitchen, new cabinets, new counter tops, new appliances. Sliding doors open to the large deck with new planking, fenced yard, storage shed and concrete patio. The property is 108 x 100 with plenty of room to build a 2-car garage. A full finished basement has a large family room and several other finished bonus rooms including a good size laundry room. There is central air and a gas heater. The chimney could handle a fireplace if you want that in the future. Taxes are just over $4000 a year. This is a very affordable 2-bedroom home. One Year Home Warranty is also included.
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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: Marc Petitt
RE/MAX ONE Realty-Moorestown
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJBL377430
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.
RE/MAX ONE Realty-Moorestown
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJBL377430
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