Renovated Residential Income
33 SEQUOIA COURT, Marlton, NJ 08053
For Sale
$259,900
The third-floor layout includes two bedrooms, two full bathrooms, in-unit laundry and a private balcony.
Property Size911 SF
Price / SF$285.29
Days on Market123
Property Features for 33 SEQUOIA COURT
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
in-unit laundry
storage closet
lake
private beach
community pool
tennis courts
basketball courts
athletic fields
walking trails
bike paths
community center
Building Details
Building Size
Year Built
Listing Agency:
EXP Realty, LLC
Listed By:
Carlo Drogo Sr. · License #1756500
(856) 333-3760
Source:
Desantis-realestate
Added: Jul 10
Changed: Nov 7
Last Checked: Nov 8 at 1:16PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 911-square-foot, third-floor residence was built in 1987 and has undergone a comprehensive renovation. Updates include a new kitchen, remodeled bathrooms, replacement doors and flooring throughout. The plan provides two bedrooms, two full bathrooms, an in-unit laundry room and a private balcony, along with a ground-level storage closet.
King’s Grant offers residents a lake with a private beach, a community pool, tennis and basketball courts, athletic fields, walking and bike paths, and a community center. The Links Golf Club adjoins the community; golf membership and access are separate from the HOA. Route 73 is less than four miles away, the New Jersey Turnpike is approximately eight miles away, and I-295 is nine miles away. HOA fees are paid quarterly.
King’s Grant offers residents a lake with a private beach, a community pool, tennis and basketball courts, athletic fields, walking and bike paths, and a community center. The Links Golf Club adjoins the community; golf membership and access are separate from the HOA. Route 73 is less than four miles away, the New Jersey Turnpike is approximately eight miles away, and I-295 is nine miles away. HOA fees are paid quarterly.
Key Highlights
- Comprehensively renovated 911‑square‑foot, third‑floor residence
- Two bedrooms and two full bathrooms, with in‑unit laundry and a private balcony
- Dedicated ground‑level storage closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,252
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,040
$185.0K
Cap Rate 7%
$132,171
$132.2K
Cap Rate 9%
$102,800
$102.8K
Market Conditions
NOI Build-Up for 911 SF
Gross rent
$17.8K $19.56/SF
− Vacancy
−$998 −$1.10/SF
EGI
$16.8K $18.46/SF
− OpEx
−$7.6K −$8.31/SF
NOI
$9.3K $10.16/SF
Area
Camden County, NJ
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,040
Cap Rate 7%
$132,171
Cap Rate 9%
$102,800
Alternative Uses
Best Use
Apartment 5plus
$132.2K
$115.7K – $154.2K
NOI $9,252 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.0K
$202.1K – $269.5K
NOI $16,169 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 08053, NJ
46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Residential income properties in Camden County, NJ
Properties on Market for Residential income properties in Camden County
Frequently Asked Questions
What type of property is this?
Residential income property - The third-floor layout includes two bedrooms, two full bathrooms, in-unit laundry and a private balcony.
Where is this residential income property located?
The property is located at 33 SEQUOIA COURT Marlton, NJ.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Comprehensively renovated 911‑square‑foot, third‑floor residence; Two bedrooms and two full bathrooms, with in‑unit laundry and a private balcony; Dedicated ground‑level storage closet
