Move-in Ready Condo with
For Sale
$315,000
208 SEDGEFIELD DR DRIVE, Mount Laurel, NJ 08054
Updated 2 bed, 2 bath condo with spacious loft.
Property Size1,336 SF
Days on Market323
Property Features for 208 SEDGEFIELD DR DRIVE
General Information
Standard status
Active
Size
1,336 SF
Property subtype
Apartment
Amenities
Fireplace
Forced Air
Central A/C
Stainless Steel Appliances
Deck
Building Details
Building Size
1,336 SF
Year Built
1987
Listing Agency:
Keller Williams Realty
Listed By:
Christine Dash · License #NJ
(609) 332-6266
Source:
Kw
Added: Nov 25, 2025
Changed: Oct 13
Last Checked: Oct 12 at 6:05PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This move-in ready condo features 2 bedrooms and 2 bathrooms. The property has new carpeting and fresh paint throughout, along with new stainless steel appliances, updated bathrooms, and updated lighting. The kitchen includes granite counters, cabinetry, new stainless steel appliances, pendant lighting, and a pass-through to the dining room. The living area features hardwood floors, vaulted ceilings with skylights, and a built-in library with a rolling ladder. The primary bedroom includes a walk-in closet with an organization system and an updated ensuite bathroom. The second bedroom features built-ins. There is also an updated hall bath. Upstairs, the loft features new carpeting and a wood-burning fireplace. Additional features include wood trim detailing, a balcony with a large storage closet, and main floor laundry. The property is located in a community within walking distance of shopping, dining, and parks, and near major roads and schools.
Key Highlights
- Move‑in ready condition with brand new carpeting, fresh paint, and updated bathrooms.
- Spacious loft with wood‑burning fireplace**, suitable for various uses (game room, office, playroom).
- Updated kitchen with granite counters and new stainless steel appliances**, plus ample cabinetry.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,499
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,980
$350.0K
Cap Rate 7%
$249,986
$250.0K
Cap Rate 9%
$194,433
$194.4K
Market Conditions
NOI Build-Up for 1,336 SF
Gross rent
$33.7K $25.20/SF
− Vacancy
−$1.9K −$1.39/SF
EGI
$31.8K $23.81/SF
− OpEx
−$14.3K −$10.72/SF
NOI
$17.5K $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 Rate 5%
$349,980
Cap Rate 7%
$249,986
Cap Rate 9%
$194,433
Alternative Uses
Best Use
Apartment 5plus
$250.0K
$218.7K – $291.7K
NOI $17,499 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.79M
$2.44M – $3.26M
NOI $195,595 @ 7.0% cap · market cap 62.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
110
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2 bed, 2 bath condo with spacious loft.
Where is this apartment building located?
The property is located at 208 SEDGEFIELD DR DRIVE Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Move‑in ready condition with brand new carpeting, fresh paint, and updated bathrooms.; Spacious loft with wood‑burning fireplace**, suitable for various uses (game room, office, playroom).; Updated kitchen with granite counters and new stainless steel appliances**, plus ample cabinetry.
