$410,000
●
House -
Off Market
5 ACADEMY DRIVE
STRATFORD, NJ 08084
4 Beds
1 Bath,
1
Half Bath
1,944 Ft²
$2,497
Est. Monthly
11.56%
Cap Rate
About This Property
Welcome to 5 Academy Drive in Stratford, New Jersey, located in the
desirable Saratoga section. This beautifully updated home offers
modern comfort and a convenient location. Inside, you'll find fresh
new carpet and freshly painted walls throughout, creating a bright
and inviting atmosphere. The home features a brand new HVAC system,
ensuring efficient and reliable climate control. Recent upgrades
include a stunning new master bathroom and a stylish new half bath,
adding to the home's appeal. Outside, enjoy the community's
amenities with a playground just down the street. The development
provides added privacy with only one way in and one way out, making
it a quiet and secure neighborhood. Perfect for families looking
for a turnkey home in a friendly community! ***Multiple offers
received, Best & Final offers due by Wednesday September 3 at 5pm.
Unit Size
1,944 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1963
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #NJCD2100822)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by Keller Williams - Main Street | $365,000 | |
| Listed by Keller Williams - Main Street | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Stratford
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Listed by: Cabrina M Johnson
Keller Williams - Main Street
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJCD2100822
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Keller Williams - Main Street
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJCD2100822
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