$401,000
●
House -
Off Market
672 CORNWALLIS
MOUNT LAUREL, NJ 08054
4 Beds
3 Baths,
1
Half Bath
2,452 Ft²
$414,348
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
OPPORTUNITY IS KNOCKING ...... Answer the Door!
Desirable Ramblewood Farms.....This Paparone built, Windover model colonial ( 2452 Sq ft ) features 4 bedrooms,2.5 Baths, full basement + 2 car garage. It is situated on a .33 acre lot.( one of the largest lots in the entire subdivision).
The home features hardwood floors (thru-out most of the house), a wall-to-wall brick fireplace in the family room, and spacious bedrooms.
This is an "estate sale" and the property is being conveyed in its present condition. The seller will make no repairs.
The home is in need of updating but the asking price is reflective of the same. Homes that have been updated are being sold in the mid $400,000 range. The location is most convenient, offering easy access to major roadways; RT 73, 295, and NJ turnpike. Equally convenient is the close proximity to shopping and fine/casual dining. Lastly, Don't forget the highly regarded Mt Laurel school system. Some. With a little, TLC and imagination and you can make this your DREAM HOME .....YOU WAY !!
Desirable Ramblewood Farms.....This Paparone built, Windover model colonial ( 2452 Sq ft ) features 4 bedrooms,2.5 Baths, full basement + 2 car garage. It is situated on a .33 acre lot.( one of the largest lots in the entire subdivision).
The home features hardwood floors (thru-out most of the house), a wall-to-wall brick fireplace in the family room, and spacious bedrooms.
This is an "estate sale" and the property is being conveyed in its present condition. The seller will make no repairs.
The home is in need of updating but the asking price is reflective of the same. Homes that have been updated are being sold in the mid $400,000 range. The location is most convenient, offering easy access to major roadways; RT 73, 295, and NJ turnpike. Equally convenient is the close proximity to shopping and fine/casual dining. Lastly, Don't forget the highly regarded Mt Laurel school system. Some. With a little, TLC and imagination and you can make this your DREAM HOME .....YOU WAY !!
Unit Size
2,452 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$149
Property Type
House
Property Taxes
$707
HOA Dues
-
Year Built
1973
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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 #NJBL2005566)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 22, 2021 | Listed by Compass New Jersey, LLC | $365,000 | |
| Listed by Compass New Jersey, LLC | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Burlington
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Listed by: Joseph McColgan
Compass New Jersey, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2005566
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.
Compass New Jersey, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2005566
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