85 PENNYPACKER DR
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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%.
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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.
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 |
|---|---|---|---|
| Jul 15, 2021 | Sold | ||
| Sold | |||
| Mar 23, 2021 | Listed by Keller Williams Realty - Moorestown | $265,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| | |||
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Imagine coming home to this GORGEOUS corner property every day! Upon arrival you are greeted by a fresh, clean curb appeal with a newly paved driveway. Upon entering the front door you'll be welcomed by sprawling laminate hardwood floors that extend throughout most of the main floor. The living room is spacious and offers windows on 3 of the four walls, allowing in PLENTY of natural light. Entering into the eat in kitchen you'll find updated white cabinetry with complimenting granite countertops, stainless steel appliances and access to the covered porch out back. The main floor also offers a half bathroom, formal dining room (or office space for those who don't need two dining room tables!) as well as a full sized laundry room and access to the one car garage. Upstairs you'll find three ample sized bedrooms, an updated full bathroom as well as the primary bedroom with a desirable en suite bathroom that boasts an oversized stand up shower! In addition to the aesthetics that this home has to offer, the property was completely re-wired with new electrical, has a new roof, solar panels for MAJOR energy savings and upgraded insulation in the attic space. Make your appointment to see this home today! It won't last long.
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| Oct 6, 2017 | Sold | ||
| Sold | |||
| Mar 3, 2017 | Listed by Weichert Realtors-Burlington | $174,500 | |
| Listed by Weichert Realtors-Burlington | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017