510-B WILLOW TURN
About This Property
Mount Laurel Township! This is what you've been looking for! 2 bedroom/2 bath upper unit condo which is spacious! Home has been lovingly and meticulously cared for over the years. You will be pleasantly surprised at all the closet space this home offers! EIK has stainless steel appliances, which are included in this sale! Kitchen also has ample counter space and service window so you can enjoy the open concept of the living room/dining room combination which allows for easy entertaining for any occasion! Newer windows, and balcony to relax with your favorite beverage. Property is close to shopping and eateries.
This is a must see!
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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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 22, 2023 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Kinniebrew Associates, Inc. | $239,900 | |
| Listed by Kinniebrew Associates, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017