Three-Bedroom Residential Income
For Sale
$255,000
108 LIONHEART LANE Unit D, West Deptford, NJ 08086
Open-concept condominium with stainless steel appliances, in-unit laundry, assigned parking, and community playgrounds.
Property Size1,279 SF
Price / SF$199.37
Days on Market54
Property Features for 108 LIONHEART LANE Unit D
General Information
Standard status
Active
Size
1,279 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,646
Amenities
ceiling fans
double-hung windows
main floor laundry
stainless steel appliances
kitchen island
walk-in closet
dual sinks
step-in shower
assigned parking
tot lots
playgrounds
sidewalks
street lights
Building Details
Building Size
1,279 SF
Year Built
2006
Listing Agency:
BHHS Fox & Roach-Center City Walnut
Listed By:
Michele DiPietro · License #2082141
(215) 820-7863
Source:
Patmckennarealtors
Added: Aug 14
Changed: Oct 3
Last Checked: Oct 5 at 9:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
This 1,279 sq ft condominium, built in 2006, offers a three-bedroom, two-bath layout with an open main living area and adjoining dining space. The kitchen includes an island, stainless steel refrigerator, built-in microwave, self-cleaning oven, and dishwasher. A main-floor laundry area includes a washer and gas dryer. The primary suite features a private bath, dual sinks, step-in shower, and walk-in closet, while the additional bedrooms provide closet and storage space. Double-hung windows and ceiling fans are also included.
The residence is part of the Grande at Kingswoods community in West Deptford, with maintained grounds, sidewalks, street lighting, tot lots, playgrounds, assigned parking, and access to public services. Nearby parks, schools, and recreational facilities provide additional community amenities.
The residence is part of the Grande at Kingswoods community in West Deptford, with maintained grounds, sidewalks, street lighting, tot lots, playgrounds, assigned parking, and access to public services. Nearby parks, schools, and recreational facilities provide additional community amenities.
Key Highlights
- 1,279 sq ft condominium with 3 bedrooms and 2 bathrooms
- Built in 2006
- Kitchen with island and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,949
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,980
$299.0K
Cap Rate 7%
$213,557
$213.6K
Cap Rate 9%
$166,100
$166.1K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$28.9K $22.56/SF
− Vacancy
−$1.7K −$1.31/SF
EGI
$27.2K $21.25/SF
− OpEx
−$12.2K −$9.56/SF
NOI
$14.9K $11.69/SF
Area
Gloucester County, NJ
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,980
Cap Rate 7%
$213,557
Cap Rate 9%
$166,100
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,949 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$429.9K
$376.2K – $501.6K
NOI $30,095 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 08086, NJ
8,358
Population
3,950
Households
2.1
Avg Household Size
45
Median Age
31%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
1,194
Density / Sq Mi
$88,125
Median Household Income
$52,146
Median Earnings
$1,689
Median Rent
$258,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept condominium with stainless steel appliances, in-unit laundry, assigned parking, and community playgrounds.
Where is this residential income property located?
The property is located at 108 LIONHEART LANE Unit D West Deptford, NJ.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1,279 sq ft condominium with 3 bedrooms and 2 bathrooms; Built in 2006; Kitchen with island and stainless steel appliances
