Burlington
712 CLEVELAND AVENUE
$150,000
●
House -
Off Market
712 CLEVELAND AVENUE
RIVERSIDE, NJ 08075
2 Beds
1 Bath
954 Ft²
$1,208
Est. Monthly
12.29%
Cap Rate
About This Property
INVESTOR ALERT. Major rehab. Property needs total and
complete renovation. Cinder block-built rancher on large lot
100 x 156. 2 bedrooms, possibly 3. All contents of
interior and exterior will remain. Use caution when showing;
suggest wearing a mask and use flashlight in basement. Seller
will make NO REPAIRS or warranties. Buyers, do your due
diligence. Buyer responsible for all repairs, inspections,
documentation, twp./state certifications, c.o., etc. Original
oil tank in buried in front yard; current oil tank is above ground
in rear of property. CASH ONLY, proof of funds required.
Unit Size
954 Ft²
Days on Market
63 days
Land Size
0.36 acres
Price per sqft
$136
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1950
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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 #NJBL2083440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Listed | $130,000 | |
| Listed | |||
| | |||
|
INVESTOR ALERT. Major rehab. Property needs total and complete renovation. Cinder block-built rancher on large lot 100 x 156. 2 bedrooms, possibly 3. All contents of interior and exterior will remain. Use caution when showing; suggest wearing a mask and use flashlight in basement. Seller will make NO REPAIRS or warranties. Buyers, do your due diligence. Buyer responsible for all repairs, inspections, documentation, twp./state certifications, c.o., etc. Original oil tank in buried in front yard; current oil tank is above ground in rear of property. CASH ONLY, proof of funds required.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Dorian Spackman
BHHS Fox & Roach-Mt Laurel
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2083440
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BHHS Fox & Roach-Mt Laurel
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJBL2083440
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