$270,000
●
House -
Off Market
711 GRANT AVENUE
MAGNOLIA, NJ 08049
3 Beds
1 Bath
1,026 Ft²
$1,793
Est. Monthly
9.63%
Cap Rate
About This Property
Located in the heart of Magnolia, this well-maintained 3 bedroom,
1 bathroom home sits on a desirable corner lot, combining charm
with modern convenience. Move-in ready, it's waiting for its next
owners to make it their own. Step onto your adorable front porch,
perfect for your morning cup of coffee! Inside, you'll find
hardwood floors throughout, a spacious living room and an eat-in
kitchen perfect for gatherings. Down the hall, you'll find three
generously sized bedrooms, ample closet space and a refreshed
bathroom that adds a touch of modern style. Step outside to your
own backyard, ideal for summer barbecues and outdoor entertaining.
A driveway and shed provide additional storage, and the prime
location offers easy access to major highways, shopping, dining,
and public transportation. Don't miss this opportunity - schedule
your showing today!
Unit Size
1,026 Ft²
Days on Market
22 days
Land Size
0.17 acres
Price per sqft
$252
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #NJCD2088960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed | $259,000 | |
| Listed | |||
| | |||
|
Located in the heart of Magnolia, this well-maintained 3 bedroom, 1 bathroom home sits on a desirable corner lot, combining charm with modern convenience. Move-in ready, it’s waiting for its next owners to make it their own. Step onto your adorable front porch, perfect for your morning cup of coffee! Inside, you'll find hardwood floors throughout, a spacious living room and an eat-in kitchen perfect for gatherings. Down the hall, you’ll find three generously sized bedrooms, ample closet space and a refreshed bathroom that adds a touch of modern style. Step outside to your own backyard, ideal for summer barbecues and outdoor entertaining. A driveway and shed provide additional storage, and the prime location offers easy access to major highways, shopping, dining, and public transportation. Don’t miss this opportunity - schedule your showing today!
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Magnolia
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Listed by: Nicole Gendin
Keller Williams Realty - Moorestown
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD2088960
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Keller Williams Realty - Moorestown
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD2088960
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