519 DEMOCRAT RD
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 |
|---|---|---|---|
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed | $350,000 | |
| Listed | |||
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BEST AND FINAL OFFERS BY MONDAY, 3/24 at 5pm
Welcome to this beautiful 4-bedroom, 2.5-bath home situated in the heart of Gibbstown. This property features an inviting front porch that leads into an open-concept living area, which seamlessly connects to an updated kitchen; perfect for both relaxation and entertaining.
As you make your way upstairs, you'll find a spacious layout designed for comfort and enjoyment, including 3 bedrooms and a full bathroom. The laundry room on the second floor offers extra convenience. Traveling to the third level, you will discover a fourth generously sized bedroom, extra bonus room along with an additional full bathroom. The outdoor features are equally appealing, with an 18-foot round pool and an 18 x 25 stamped concrete patio, recently resealed in October 2024. The patio provides ample space for outdoor gatherings and leisure activities. Additionally, this property includes a 10 x 10 x 10 shed for extra storage and a 16 x 12 sun room (negotiable), adding to the living space and offering the perfect atmosphere for a stay-at-home vacation. An extended driveway measuring 12 x 20 has also been added in October 2024, ensuring plenty of parking for guests. The home boasts a full, unfinished basement equipped with a sump pump and generous space for all your storage needs. Safety and peace of mind are assured with a Sloman's alarm system, while the plumbing, wiring, heater, and AC unit are all just 12 years old.
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| Apr 26, 2013 | Sold | ||
| Sold | |||
| Feb 22, 2013 | Listed by RE/MAX Preferred - Mullica Hill | $189,900 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
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This 4 - 5 bedroom 2.5 bath beauty has been completely remodeled with all brand new things. So many to list. New gas heater, hot water heater, air conditioner, plumbing, electic, windows, sheetrock, maple cabinets, stainless steel appliances, tile and carpets. Everything is new!!
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| Aug 29, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017