48 Hogback Road
About This 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 |
|---|---|---|---|
| May 4, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by ERA Central Realty Group - Cream Ridge | $200,000 | |
| Listed by ERA Central Realty Group - Cream Ridge | |||
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This is a great opportunity to own a wonderful 2 acre property in Bordentown Twp. Home needs some TLC in some areas but move right in and do the work over time. The kitchen, roof and windows were all done about 15 years ago along with adding a nice oversized 2 car garage.. There are wood floors under the laminate downstairs. The home has vinyl siding and the well pump and water treatment system are only 6 months old. There are 3 sheds on the property and one is a perfect workshop. The yard is large and open with some treed areas in back. There are a couple issues....the basement will need some attention and the septic needs to be replaced. Home being sold strictly as is. COVID19 ADDENDUM MUST SIGNED BY BUYER PRIOR TO ALL SHOWINGS.
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Property Highlights
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Price/ft²
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017