879 COX RD
About This Property
Step through the original, custom double doors and bask in the abundance of natural light that floods the interior, offering captivating views of the lush surroundings. Recently upgraded with high-quality doors and brushed gold hardware, every detail exudes elegance. The main living room is a grand space adorned with two-story windows, vaulted ceilings, and a newly tiled fireplace, drawing your gaze upward to the second story. Seamlessly flowing into the brand new, custom renovated kitchen and dining area, this home is designed for effortless entertaining.
Indulge your culinary passions in the gourmet kitchen, featuring custom cabinetry with pullouts, an oversized island with waterfall quartz countertops, and top-of-the-line Thermador and Wolf appliances. A cozy breakfast nook bathed in natural light provides the perfect spot for morning coffee or engaging conversations with guests.
For formal gatherings, the generously sized dining room awaits, while practical elements like a large pantry, mudroom with custom cabinetry, and first-floor laundry room ensure both style and functionality. Down the hall, discover a modern home office with built-in shelving, making remote work a breeze, along with a first-floor bedroom and newly renovated bathroom, catering to every lifestyle need.
Step outside onto the gorgeous deck overlooking the meticulously maintained pool, boasting recent upgrades including all new equipment installed in 2022 and a mesh pool fence, ensuring enjoyment for years to come.
Ascend the dramatic staircase to find beautifully appointed bedrooms with ample closet space, serviced by a spacious hall bathroom renovated in 2021. The primary suite offers a vaulted ceiling, balcony, and a luxurious bathroom featuring a jacuzzi tub, glass shower, and dual sinks. A loft space awaits, offering endless possibilities for recreation or relaxation, including play area, work out space, reading nook, or additional office.
This home has been meticulously maintained, reflecting years of care and attention. Recent updates including a new roof, custom blinds, tankless water heater, HVAC system installed in 2017, and smart switches enhance both comfort and efficiency. With a Tesla charger in the 3-car garage, and a spacious driveway, you will never have to worry about parking. Ideally located just 10 minutes from downtown Moorestown and 2 miles from I-295, it offers the perfect balance of serenity and accessibility for commuting and shopping needs alike.
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Price Increased |
$1,045,000
↑ $47K
(4.7%) | |
| Price Increased | |||
| Apr 6, 2024 | Listed by Compass New Jersey, LLC - Moorestown | $998,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
| Feb 16, 2022 | Sold | ||
| Sold | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017