48 Narberth Way
About This Property
AFFORDABILITY IS THE KEY. HOLIDAY HEIGHTS ADULT COMMUNITY OFFERS LOWER TAXES AND HOA FEES. WELL -MAINTAINED 2 BEDROOM, 2 FULL BATH HOME. EAT-IN-KITCHEN WITH A PRETTY BOW WINDOW THAT LETS IN SUNLIGHT ALL THROUGHOUT THE DAYLIGHT HOURS. LARGE LIVING /DINING ROOM WITH SLIDERS TO 3-SEASON ROOM THAT LEADS TO A FENCED-IN PATIO. PERFECT FOR GRILLLING OR ENJOYING QUIET TIME. WONDERFUL CLUBHOUSE WITH POOL AND MANY ACTIVITIES. CONVENIENTLY LOCATED TO SHOPPING, AREA BEACHES, ATLANTIC CITY,PHILLY AND BUS TO NEW YORK. JUST REDUCED TO $299,900
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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 |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by Diane Turton, Realtors-Mule Road | $299,900 | |
| Listed by Diane Turton, Realtors-Mule Road | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017