6 MARTIN LN
About This Property
The Master Suite is spacious and easily fits a king-size bed, with an oversized walk-in master closet and shelving. The additional two bedrooms have nice storage closets. The one bedroom has decorative wainscoting, so it is very tasteful. The basement is partially finished for the gym, and the remainder can easily be finished as the ceiling is high. So very convenient to all shopping and major highways, and easy access to Philly and Atlantic City. Please do not miss this one!
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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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | In contract | - | |
| In contract | |||
| Aug 16, 2023 | Listed by BHHS Fox & Roach - Haddonfield | $320,000 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017