810 FREEPORT WAY
About This Property
Convenient location to Atlantic City and to Philadelphia. Property being sold in "as is" condition.
HOA Age Restriction - In order to become an owner, a person must be 55 years of age or older. In the case of more than one owner, only one person must be 55 or older. Children under 19 are prohibited from living in the Development.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 17, 2023 | Sold | ||
| Sold | |||
| Mar 11, 2023 | In contract | - | |
| In contract | |||
| Jan 23, 2023 | Listed by Lenny Vermaat & Leonard Inc. Realtors Inc | $295,000 | |
| Listed by Lenny Vermaat & Leonard Inc. Realtors Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017