5202B ADELAIDE DR
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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 |
|---|---|---|---|
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 16, 2022 | Listed by Graham/Hearst Real Estate Company | $210,000 | |
| Listed by Graham/Hearst Real Estate Company | |||
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Fall in love with this updated 2 bedroom, 2 bath end-unit with loft. This property is a 2nd-floor condo located in The Renaissance Club. It features a new kitchen with a granite countertop and tile backsplash which opens to a breakfast bar that leads to the dining room. There is a two-story vaulted ceiling where the loft overlooks the living room and then leads to a second-story deck where you can enjoy your morning coffee or tea. The main bedroom features a walk-in closet and an updated private bathroom with a glass shower door. Across from the second bedroom are the hallway bathroom and laundry room. This property is one of the largest models in this 55+ community. The Renaissance association features a community pool, clubhouse, tennis courts, fenced-in dog park, shuffleboard, and bocce ball. This property is within walking distance of the grocery store and near many other shops, and restaurants. Easy access to Route 38 and 295.
Highest and best offers are due by 5 pm, Saturday, July 23rd.
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| Sep 25, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2015 | Listed by Weichert Realtors-Turnersville | $115,000 | |
| Listed by Weichert Realtors-Turnersville | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017