Duplex with Two
For Sale
$475,000
201 Willow Turn, Mount Laurel, NJ 08054
An end-unit property pairs two distinct living spaces with an attached garage and driveway parking.
Property Size2,416 SF
Price / SF$196.61
Days on Market8
Property Features for 201 Willow Turn
General Information
Standard status
Active
Size
2,416 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1980
Listing Agency:
HomeSmart First Advantage Realty
Listed By:
Emre Yucel
(800) 299-2129
Source:
Actionplusrealty
Added: Sep 20
Changed: Sep 26
Last Checked: Sep 26 at 2:25PM
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 HomeSmart First Advantage Realty
Investment Insights
Based on property information with market context.
Built in 1980, this end-unit duplex contains two residences with different layouts. One has two bedrooms and living and dining areas; the other is a two-story home with three bedrooms. An attached garage and driveway provide parking for the property.
At 201 Willow Turn in Mount Laurel, the duplex is near shopping, dining, parks, and everyday services. Routes 38 and 73, along with I-295, provide access toward Philadelphia, Cherry Hill, and nearby employment centers.
At 201 Willow Turn in Mount Laurel, the duplex is near shopping, dining, parks, and everyday services. Routes 38 and 73, along with I-295, provide access toward Philadelphia, Cherry Hill, and nearby employment centers.
Key Highlights
- End‑unit duplex with a two‑bedroom residence and a two‑story, three‑bedroom residence
- Attached garage and driveway parking
- Built in 1980
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
$34,623
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
7.29%
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%
$692,460
$692.5K
Cap Rate 7%
$494,614
$494.6K
Cap Rate 9%
$384,700
$384.7K
Market Conditions
NOI Build-Up for 2,416 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
$52.2K $21.60/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$49.5K $20.47/SF
− OpEx
−$14.8K −$6.14/SF
NOI
$34.6K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$692,460
Cap Rate 7%
$494,614
Cap Rate 9%
$384,700
Alternative Uses
Best Use
Multifamily LT 5
$494.6K
$432.8K – $577.1K
NOI $34,623 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$452.1K
$395.6K – $527.4K
NOI $31,644 @ 7.0% cap · market cap 6.66%
Theoretical Best
Warehouse
$5.05M
$4.42M – $5.90M
NOI $353,711 @ 7.0% cap · market cap 74.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
Demographics for 08054, NJ
44,633
Population
19,966
Households
2.2
Avg Household Size
44
Median Age
56%
College-Educated
96%
High-School Grad
21.7 sq mi
ZIP Area
2,057
Density / Sq Mi
$114,629
Median Household Income
$67,986
Median Earnings
$1,966
Median Rent
$341,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - An end-unit property pairs two distinct living spaces with an attached garage and driveway parking.
Where is this duplex located?
The property is located at 201 Willow Turn Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: End‑unit duplex with a two‑bedroom residence and a two‑story, three‑bedroom residence; Attached garage and driveway parking; Built in 1980
