727 MORGAN AVE
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Weichert Realtors - Moorestown | $290,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by BHHS Fox & Roach - Haddonfield | $179,900 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
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MULTIPLE OFFERS. DECISION WILL BE MADE ON 6/21. Check out our adorable 3 BR, 1.5 BA twin located close to the center of town! Enter the home to the super-sized Living Room – large enough to accommodate a home office set-up and still have abundant space for relaxing. The Formal Dining Room features original refinished hardwood flooring with striking navy-blue walls. The Eat-in Kitchen features cherry cabinetry, granite countertops and stainless-steel appliances. The Laundry Room and Half Bath are located off the kitchen and lead to the expanded Deck that includes the famous Green Egg grill that’s built-in to the deck. You’ll enjoy hours of fun here, as well as in the deep fenced backyard where there’s plenty of room for the little one’s outdoor play equipment and a shed that provides space for all your yard equipment. Back inside, let’s travel to the 2nd floor where you’ll find the main Bathroom including a tub/shower combo, and three Bedrooms. The Main Bedroom is a combination of two former bedrooms and includes a sitting area and large double closet. Still more to see! The 3rd floor is finished and offers space for a playroom, hobby room, extra bedroom, home office, exercise room... the possibilities are endless! Finally, an unfinished basement offers plenty of space for storage. The home was fully renovated 10 years ago when the current owners purchased it so HVAC is only 10 years young - and most of the rooms were just painted in neutral colors. Here’s your opportunity to own a terrific home close to downtown and the River Line – at a great price! Note: Seller is offering a one year HSA warranty and $1500 seller credit toward carpet replacement.
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About Palmyra
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017