740 AMSTERDAM RD
About This Property
Brand new electric panel to 200 amp service. The home has very large rooms with plenty of storage and two of the four bedrooms have walk in closets. Ceiling fans have been installed in all bedrooms. Large fenced in back yard for family gatherings. Seller is offering a one year home warranty for the buyer at the time of settlement... The property is being conveyed in as is condition..Any repairs required by the lender along with the certificate of occupancy will be the buyers responsibility. Contingent upon the sellers finding a rental.. This home is priced well below the market..Make your appointment today before it is gone...Professional pictures coming by August 18th
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
| Aug 19, 2023 | Listed by Long & Foster Real Estate, Inc. | $428,500 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 18, 2014 | Sold | ||
| Sold | |||
| Jun 23, 2014 | Listed by RE/MAX ONE Realty-Moorestown | $285,000 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
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It's all about location. This 4 bed 2-1/2 bath colonial sits in one of the most popular neighborhoods in Mount Laurel. Located close to many shops, restaurants and schools makes this home a winner. Features include a fenced in yard, nice sized lot, two car garage, fireplace, some newer windows and full unfinished basement. Although this home is in need of updating and TLC it had been lovingly maintained by the owner. Recently exposed original hardwood floors are just waiting for you to finish and stain. This is an estate Sale. Home is being sold "as is". Buyer to obtain c/o and any inspections or repairs required by the lender. More pictures coming soon. The seller says "bring all offers".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017