514 CORMORANT DRIVE
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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by BHHS Fox & Roach-Marlton | $394,900 | |
| Listed by BHHS Fox & Roach-Marlton | |||
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Great Rehabbed home in Voorhees! This 3 bedroom with 1 1/2 bath has been nicely rehabbed. The home features All New luxury vinyl flooring, New lighting, New electrical outlets & switches, New 5 1/2 inch baseboard, New doors and hardware and a New front door. The kitchen offers New granite counters, New tile backsplash, and an all New full stainless steel appliance package. Upper level full bath has also been beautifully rehabbed with all top of the line materials and workmanship. Newer roof and a Newer heater as well Walking distance to Kresson Elementary is a nice plus. Come see for yourself. you will not be disappointed. Professional photos coming soon,
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| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017