622 CLEMS RUN
About This Property
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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.
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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 |
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| May 29, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | Listed by Keller Williams Realty - Washington Township | $390,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Welcome to 622 Clems Run in the charming town of Mullica Hill! Located in the highly desirable Lake Gilman community, this stunning property offers a combination of modern finishes and comfortable lakefront living. Nestled on a well-kept lot, with 55+ feet of lake frontage, 622 Clems Run offers lakeside living within the prestigious Clearview District. The exterior features a well-maintained facade with large windows overlooking the lake and your well-kept backyard, new siding, and a brand new roof. The backyard is a private oasis, complete with a walkway to the lake, and plenty of space for activities. As you step inside, you'll be greeted by a warm and inviting atmosphere. The main level offers a standard contemporary layout, creating a seamless flow between the living spaces. The living room is bathed in natural light, thanks to the expansive window, and provides a comfortable area for relaxation complete with fireplace. The adjacent dining area is ideal for hosting gatherings or enjoying family meals equipped with la large granite peninsula. The updated kitchen is equipped with stainless steel appliances, ample counter space, and plenty of storage options. It features sleek custom cabinetry, large counters, and an eat in kitchen, making it the perfect place for culinary creations. The open concept space from the kitchen to the family room flows naturally together making it the perfect space for entertaining. The spacious sun room, laundry/utility room, half-bath, and multiple storage areas are can found on the main living floor as well. The primary bedroom is a tranquil retreat, complete with a spacious layout, a separate area surrounded by windows to enjoy your private view, and a modern en-suite bathroom. A large carpeted bedroom, a carpeted bonus room with fireplace ready to be utilized however the new owner would like, and a 2nd full modern updated bathroom accompany the primary bedroom on this level. Situated in Mullica Hill, this home enjoys the benefits of a peaceful suburban setting while still being conveniently located near major highways, shopping centers, and dining options. Residents can also take advantage of the excellent schools and recreational facilities in the area. This all makes 622 Clems Run a remarkable residence that combines style, functionality, relaxation, and an excellent location. With its well-appointed interiors, beautiful outdoor space, gorgeous lakefront views, and modern amenities, this property is ready to welcome you home! ***5k credit being offered to the buyer for the HOA bond in - inquire with listing agent***
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| Apr 14, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 5, 2021 | Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | $125,000 | |
| Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | |||
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AMAZING LOCATION: LAKEFRONT PROPERTY: INVESTOR ALERT! Disclaimer: Home is being sold AS IS. Looking for CASH OFFERS as the home will not pass CO inspection at this time. This is a DIAMOND IN THE ROUGH with loads of POTENTIAL! Currently a 2 bedroom 2.5 bath home that needs TLC to become your own lakefront dream home OR Investment opportunity to rehab and resell. This adorable home is situated on the MULLICA HILL SIDE of Lake Gilman, which means it is in the Harrison Township and Clearview School districts. Living by the water is good for your health and causes a scientific state called "Blue Mind" which scientists call the effects of living near water that can make you feel happier, healthier, more connected, and better at what you do! Lake Gilman is a small private lake community where everyone who lives here loves where they live and they all say the same thing, which is: all the stresses of the day leave you when you come home to the lake! Don't let it fool you, as this home looks much smaller to the eye from the street than it is because it is two floors of living space! There are 2 bedrooms, 2 baths, a sunroom and a family room with a fireplace on the main level. The main bedroom has an ensuite bathroom and sliders to the sun room where you have a lovely view of the lake. The family room also has a huge picture window overlooking the lake and a wood burning fireplace with brick mantle. The second bathroom has a stall shower with glass surround. Downstairs, there is a kitchen, a living room with fireplace mantle, half bath, storage room, laundry area and a three season room. The kitchen, living room and four season room all have tile flooring and have an unobstructed view of the lake! Kitchen has a sliding glass door to the Four Season Room. The four season room will be a special place to relax. Surrounded by windows, with a custom tiled floor it is inviting and relaxing, and will offer hours relaxation. There's an electric fireplace mantle to help keep you warm in the cooler months. The location of this home is amazing, just steps away from the water on the eastern side of the lake which is very peaceful and quiet. This lake will offer you year round enjoyment with canoeing, swimming, kayaking and fishing in the warm weather and ice skating in the winter. This is a wonderful setting for it to be a primary home for a small family or would be a perfect summer home. Outside there is a one car garage and a workshop, so you have additional storage and workspace. There are beautiful mature oak trees on the property and you will feel a close connection to nature in this rustic setting. This home needs a new owner to love it and give it a fresh look. Once it gets the proper sprucing up it needs it will double in value, as the homes on both sides of this property are well maintained.Come with your vision and make this sweet home your dream home! Estate sale, therefore there is no Seller's disclosure. Buyer may have home inspection for their information only, there will be no repairs done to complete the sale of this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017