647 LANCING RD
About This Property
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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 |
|---|---|---|---|
| Nov 6, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Aug 7, 2023 | Listed by Keller Williams Realty - Washington Township | $340,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Back on the Market!! Buyer financing fell through. Township C.O. completed and in hand! Appraisal completed! Inspections done! Ready to go! Welcome to this exquisite 4-bedroom, 2-bathroom home located in the highly sought-after area of West Deptford, NJ. Nestled within a quiet cul-de-sac, this property offers both tranquility and convenience for modern family living. As you approach the house, you'll be captivated by its charming curb appeal.. The roof and windows have been updated within the last 10 years, ensuring both functionality and energy efficiency along with a newly installed vinyl fence, adding an element of privacy and security to the property. Step inside and discover a spacious and welcoming interior that's perfect for growing families. The open layout seamlessly connects the living, dining, and kitchen areas, creating a warm and inviting atmosphere. The living room provides a cozy retreat for relaxation and entertainment, while the dining area offers ample space for hosting family gatherings and dinner parties with a large sliding door leading you to the back deck. The kitchen has been thoughtfully updated and boasts modern appliances, plenty of cabinetry for storage, and a convenient island for quick meals or casual conversations. Downstairs you will find a large entertaining area, another bedroom and a bonus room that is a versatile space that can be utilized as a home office, game room, or even a playroom for the little ones. It's a true gem that adds flexibility to suit your lifestyle. The four well-appointed bedrooms offer comfort and privacy for every family member. Each room is spacious and features ample natural light, providing a serene and peaceful ambiance. The backyard is a private oasis, ideal for outdoor activities and relaxation. The newly installed swing set adds an element of fun for the whole family, while the generous yard space allows for endless possibilities, whether it be gardening, hosting barbecues, or simply enjoying the fresh air. Situated in highly desirable West Deptford school district, this home offers convenient access to nearby schools, shopping centers, and recreational facilities. Commuting is a breeze, with major highways and public transportation within easy reach. Don't miss the opportunity to make this meticulously maintained and updated house your new home. Schedule a showing today and discover the perfect blend of comfort, functionality, and a peaceful setting in one of West Deptford's most coveted neighborhoods. This home is being sold in AS IS condition. Township Certificate of Occupancy and appraisal in hand ready to go.
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| May 10, 2013 | Sold | ||
| Sold | |||
| Nov 28, 2012 | Listed by Weichert Realtors-Cherry Hill | $140,000 | |
| Listed by Weichert Realtors-Cherry Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017