438 NECTAR AVE
About This Property
Master bedroom has an attached full master bath, - other bedrooms are good sized and serviced by another full hall bath. Full basement - (washer and dryer) plus newer natural gas furnace (2020 Bryant) and newer hot water heater (2019). Newer central air (2020 Bryant) and Newer roof (2019). What makes this property a stand-out is the over-sized lot .57 acres - (200' x 125') much larger than most! The back yard is fully fenced with bright white 6" vinyl fencing - very private, perfect for kids and pets. The multi-level decks add ambiance. Subject to Seller Suitable Housing Feel the Buzz! Nectar Now!
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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%.
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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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | In contract | - | |
| In contract | |||
| Apr 27, 2023 | Listed by Joe Wiessner Realty LLC | $319,900 | |
| Listed by Joe Wiessner Realty LLC | |||
| Sep 10, 2022 | No longer available | - | |
| No longer available | |||
| Sep 5, 2022 | Listed by Keller Williams Realty - Cherry Hill | $295,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Welcome to 438 Nectar Ave, in Galloway, NJ. This recently renovated home is awaiting great new owners. Some recent renovations include: Roof 2019, HVAC 2020, Hot Water Heater 2019, newly updated bathrooms and kitchen 2021. The home sits on a double lot, making the yard .57 acres, making this more private that most homes in the neighborhood. The home has smart controlled thermostat and smart switches. Downstairs has an open concept kitchen, living, and dining room, leading to the back yard. Upstairs has the 3 bedrooms, 2 full bathrooms, and a walk-in closet in the primary suite. The basement is calling to be finished, or to be just continued to use as a gym, laundry, and storage room. The backyard has a tiered deck, which has housed the grill, the smoker, and the fire pit, and outdoor dining/lounging area. Home is contingent on finding suitable housing. The manager has listed the unit size as 1440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017