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445 A ELBO LANE
About This Property
**Please contact Jamie Brandenburger at 856-701-8646 or [email protected] with any questions or for any info on the property**
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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%.
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 |
|---|---|---|---|
| Jul 22, 2026 | Listed by Keller Williams Realty - Ocean City | $250,000 | |
| Listed by Keller Williams Realty - Ocean City | |||
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by RE/MAX ONE Realty-Moorestown | $199,900 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
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100% AS IS Sale OPPORTUNITY for the creative investor OR owner occupant seeking a “sweat equity” project. Property needs a complete overhaul (not just paint & paper)... CASH BUYERS ONLY ...Quick Settlement preferred. Original septic & well will most likely need replacement OR potentially hook-up to street (please independently verify). Sold with the majority of the contents. Buyers fully responsible to conduct their own due diligence- DO NOT rely on the disclosure as the executor HAS VERY LIMITED knowledge of the property. Seller prefers Buyers use National Integrity Title as they have already reviewed the estate and are familiar with the issues and documents needed to clear title. IMPORTANT: MUST bring flashlight…BE CAREFUL when walking thru the home. NOTICE: Highest & Best proposals DUE by 12pm Thursday October 31, 2024. SELLER HAS ACCEPTED AN OFFER- NO MORE SHOWINGS.
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017