Burlington
641 POLK ST
$220,000
●
House -
Off Market
641 POLK ST
RIVERSIDE, NJ 08075
3 Beds
1 Bath
1,176 Ft²
$249,553
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
This adorable three bedroom ranch is just a stones throw from the
Rancocas Creek. On a large corner lot, this home is
perfect. When you make your way in the front door you will
find a large living room with an oversized sliding door over
looking the side yard. Down the hall are three nicely sized
bedrooms all have crown molding, wood floors and ceiling fans, as
well as a recently updated full bathroom. The eat in kitchen
offers stainless steel appliances and gas cooking as well as access
to a mud room/laundry room. Outside, sit on your front porch
or take a walk down to sit by the water and watch the boats
go by. Located in a nice, quiet section of Riverside, you
will find bike or walking trails, and a short stroll to the famous
L&M Bakery for the best cream donuts around. Brand new
hot water heater installed 2020. Short walk to the River
Line or bus transportation. 20 minutes to Philadelphia and
close to all major highways and shopping. Flood insurance is
required.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$190
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1955
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #NJBL2000523)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Coldwell Banker Realty | $223,800 | |
| Listed by Coldwell Banker Realty | |||
| Jun 13, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2017 | Listed by Century 21 Advantage Gold-Cherry Hill | $126,000 | |
| Listed by Century 21 Advantage Gold-Cherry Hill | |||
| | |||
|
Solid rancher on a CORNER lot within one block of Rancocas Creek and the Delaware River! The location of this home cannot be beat. Have a boat? This home is around the corner from the Yachtclub. Enjoy nature? A short stroll and you are on the bank of Rancocas Creek where it merges with the Delaware River and a stone's throw to the Amico Island Park. All on a corner lot with an inground swimming pool. This home screams tradition from the cozy front porch to the yard begging for a summer pool party. Inside, the home has had some recent updates but still offers room for your own personality to be added.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Burlington
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Listed by: Donna Mount
Coldwell Banker Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL2000523
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Coldwell Banker Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL2000523
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