$370,000
●
House -
Off Market
7 GILL RD
MEDFORD, NJ 08055
4 Beds
3 Baths,
1
Half Bath
$402,123
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Pictures coming early next week......everybody is busy !!
Location! Location!! Location!!!
4 bedroom 2,5 bath split level home situated on ".46 acre lot" in the desirable and convenient Medford Village section of Medford Twp.
This 4 bedroom 2.5 bath home offers 4 levels of living space. The main level offers a living room
( hardwood floors) ,upgraded eat-in kitchen with plenty of cabinet space, double oven, granite counters and tile backsplash. The lower level offers a spacious family room with a full wall to wall fireplace( wood burning) ,sunroom ,laundry area and full bath. There are three generous size bedrooms on the 3rd level with a full bath( double sink). Additionally, there is 4th level which is presently used as the primary bedroom and has a half bath. Most of the windows have been replaced .
As stated earlier the location is one most appealing attractions of the property. It is just a few short blocks away from downtown mainstreet. You can walk to all the"Best" that Medford has to offer...... the fine eateries, shops,library,ball parks /recreational areas and the traditional family festivals.
Location! Location!! Location!!!
4 bedroom 2,5 bath split level home situated on ".46 acre lot" in the desirable and convenient Medford Village section of Medford Twp.
This 4 bedroom 2.5 bath home offers 4 levels of living space. The main level offers a living room
( hardwood floors) ,upgraded eat-in kitchen with plenty of cabinet space, double oven, granite counters and tile backsplash. The lower level offers a spacious family room with a full wall to wall fireplace( wood burning) ,sunroom ,laundry area and full bath. There are three generous size bedrooms on the 3rd level with a full bath( double sink). Additionally, there is 4th level which is presently used as the primary bedroom and has a half bath. Most of the windows have been replaced .
As stated earlier the location is one most appealing attractions of the property. It is just a few short blocks away from downtown mainstreet. You can walk to all the"Best" that Medford has to offer...... the fine eateries, shops,library,ball parks /recreational areas and the traditional family festivals.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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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 #NJBL2009736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2021 | Listed by Compass New Jersey, LLC | $365,000 | |
| Listed by Compass New Jersey, LLC | |||
Property Highlights
Air Conditioning
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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: Joseph McColgan
Compass New Jersey, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2009736
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Compass New Jersey, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJBL2009736
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