501 MORRIS ST
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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.
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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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Aug 9, 2021 | Listed by Garden State Properties Group - Medford | $200,000 | |
| Listed by Garden State Properties Group - Medford | |||
| | |||
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Modern Beauty in Gloucester City under 200k. New roof and water heater this year. The entire house was remodeled in last few years. It features easy to maintain flooring on first floor, tile and new laminate flooring. The open floor plan on first floor is inviting with view from front door to back, combo dining/living room, airy kitchen and half bath. Plenty of space for a workspace on first floor. Freshly painted throughout. Upstairs features 3 large bedrooms with newer carpet throughout and half bath with tile bath and floor. Ceiling fans in all 3 bedrooms and living room. Don't miss this well-maintained, conveniently located single family home with off-street/driveway parking, corner lot, spacious front side and back yards. Close to major highways and Philadelphia bridges, perfect for commuter to the city. Gloucester City Schools offer FREE 3 and 4 year old preschool.
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| Apr 19, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2018 | Listed by Weichert Realtors-Cherry Hill | $145,999 | |
| Listed by Weichert Realtors-Cherry Hill | |||
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About Gloucester City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017