$379,900
●
House -
Off Market
8 MICHAELSON DR
MOUNT LAUREL, NJ 08054
4 Beds
3 Baths,
1
Half Bath
2,250 Ft²
$577,330
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Welcome to this beautiful 4 bedroom, 2 and half bath home in Mount
Laurel. If you desire a worry free home, you've found it. The roof,
HVAC system and hot water heater have all been upgraded in the last
few years. Enjoy entertaining in the formal dining room, which sits
right off the kitchen with easy access to the backyard. Plenty of
counter space and cabinets for all of your needs. The master suite
has two closets in addition to the en suite with double sinks,
whirlpool tub and separate shower. The three additional bedrooms
are equally as impressive with ample closet space. There is new
carpet in all of the bedrooms and beautiful hardwood floors
throughout the first floor. The backyard is peaceful with a nice
deck if you enjoy entertaining or simply slowing down to read a
book in peace and quiet. Have a green thumb, there is room to start
your own garden. This home is a commuters delight. With convenient
access to Route 38, Route 73, Interstate 295, NJ Turnpike, local
bridges, major roads, shopping and restaurants. There is nothing
for you to do but unpack and enjoy your new home. Don't hesitate
make your appointment today.
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$169
Property Type
House
Property Taxes
$802
HOA Dues
-
Year Built
1991
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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: 4 years ago (Bright MLS #NJBL222324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2019 | Sold | ||
| Sold | |||
| Dec 8, 2018 | Listed by BHHS Fox & Roach-Mt Laurel | $379,900 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Nov 11, 2018 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Price Decreased |
$387,500
↓ $6K
(1.5%) | |
| Price Decreased | |||
| Sep 18, 2018 | Relisted | $393,500 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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 Burlington
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Listed by: Carolyn Stewart
BHHS Fox & Roach-Mt Laurel
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL222324
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Mt Laurel
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJBL222324
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