6 SPINDLETOP LN
About This Property
Welcome to this Cape Cod located in the Somerset Park area in Willingboro, New Jersey. Four bedroom and two full bathroom home with enough space for many ideas. Eat-in kitchen area and wood floors throughout the first floor. Access to the garage for extra storage, along with a spacious fenced in backyard.
Minutes away from I-295, Route 130 and other transportation needs.
This property address qualifies for Prosperity Home Mortgage's Pathway to Prosperity initiative. This can provide the buyer up to $10,000 towards her/his closing costs at settlement.
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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, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Dec 21, 2023 | Relisted | $225,000 | |
| Relisted | |||
| Dec 1, 2023 | Listed by BHHS Fox & Roach-Moorestown | $225,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017