521 CAMBRIDGE 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%.
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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.
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 |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Mar 23, 2021 | No longer available | - | |
| No longer available | |||
| Mar 1, 2021 | Listed by Sold Pros Real Estate LLC | $466,000 | |
| Listed by Sold Pros Real Estate LLC | |||
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Pictures and 3D walk through will be uploaded soon! This 4 bedroom, 2.5 bath colonial is located in desirable Penn Oak development in Mt. Laurel. The property sits on a quiet street. The living room features hardwood floors and plenty of natural light. The dining room includes Crown molding, chair rail and a bay window. The eat-in kitchen updated in 2017, offers quartz countertops, marble backsplash, under cabinet LED lighting, stainless steel appliances, recessed lighting, and a bay window in the eating area. The family room has a wood burning fireplace, recessed lighting, and a ceiling fan. The master bedroom is complete with a full baster bath, walk-in and additional closet, crown molding, new tile bathroom, marble top and vanity. The hall bathroom and half bath have recently been refinished including a quartz top vanity. Additionally the other bedrooms in the home feature large closets, and are wired for ceiling fan/lights. The basement refinished in 2018, boasts recessed lighting, bar eating area, stone wall with built-in electric fireplace, wet bar, marble countertops, 2 storage closets, and new windows (2018). The exterior of the property completes this amazing home with New Shutters (2020), Fenced backyard (new gates 2020), deck, Sprinkler system, and large 2 car garage. Located conveniently to all major highways, Philadelphia, New York, and Atlantic City. Also convenient to local shopping/restaurants and walking distance to Laurel Acres Park.
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| Feb 27, 2013 | Sold | ||
| Sold | |||
| Jan 14, 2013 | Listed by Weichert Realtors - Moorestown | $330,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017