Upper-Level One-Bedroom Income
For Sale
$165,000
Pending
1475 MOUNT HOLLY ROAD #B5, Beverly, NJ 08010
Open-concept residence with balcony access, in-unit laundry, assigned parking, and community pool access.
Property Size1,042 SF
Days on Market157
Property Features for 1475 MOUNT HOLLY ROAD #B5
General Information
Standard status
Pending
Size
1,042 SF
Total Parking Spaces
2
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
2
Additional Details
Public Transit
Yes
Amenities
balcony
dishwasher
stackable washer/dryer
walk-in closet
built-in shelving
pantry
community center
in-ground pool
Building Details
Building Size
1,042 SF
Year Built
1971
Listing Agency:
BHHS Fox & Roach-Washington-Gloucester
(856) 227-8900
Listed By:
Catherine Watts
(856) 227-8900
Source:
Tmft.kw
Added: Mar 25
Changed: Aug 28
Last Checked: Aug 28 at 7:23AM
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-Washington-Gloucester
Investment Insights
Based on property information with market context.
Unit B5 is an upper-level residential income property with ground-floor entry and a practical one-bedroom layout. The interior includes an entry hall with a double closet, an open living and dining area, a kitchen with dishwasher and pantry shelving, and a bedroom with a walk-in closet featuring built-in storage. Sliding doors connect the living room to a balcony, where the utility closet contains the HVAC system and hot water heater. The bathroom includes a stackable washer and dryer, which are included in the sale.
The property includes two parking spaces, with additional visitor parking available within the community. Residents have access to an in-ground pool, community center, and on-site office. Shopping, dining, parks, public transportation, and commuting routes are located near the community. Built in 1971.
The property includes two parking spaces, with additional visitor parking available within the community. Residents have access to an in-ground pool, community center, and on-site office. Shopping, dining, parks, public transportation, and commuting routes are located near the community. Built in 1971.
Key Highlights
- Upper‑level unit with ground‑floor entry
- One‑bedroom layout with walk‑in closet and built‑in shelving
- Open living and dining area with balcony access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,648
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$272,960
$273.0K
Cap Rate 7%
$194,971
$195.0K
Cap Rate 9%
$151,644
$151.6K
Market Conditions
NOI Build-Up for 1,042 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.3K $25.20/SF
− Vacancy
−$1.4K −$1.39/SF
EGI
$24.8K $23.81/SF
− OpEx
−$11.2K −$10.72/SF
NOI
$13.6K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$272,960
Cap Rate 7%
$194,971
Cap Rate 9%
$151,644
Alternative Uses
Best Use
Apartment 5plus
$195.0K
$170.6K – $227.5K
NOI $13,648 @ 7.0% cap · market cap 8.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.18M
$1.91M – $2.54M
NOI $152,553 @ 7.0% cap · market cap 92.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 08010, NJ
11,555
Population
4,995
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
3,210
Density / Sq Mi
$85,285
Median Household Income
$48,077
Median Earnings
$1,472
Median Rent
$227,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept residence with balcony access, in-unit laundry, assigned parking, and community pool access.
Where is this residential income property located?
The property is located at 1475 MOUNT HOLLY ROAD #B5 Beverly, NJ.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Upper‑level unit with ground‑floor entry; One‑bedroom layout with walk‑in closet and built‑in shelving; Open living and dining area with balcony access
