First-Floor Residential Income
New
For Sale
$249,999
806 CYPRESS POINT CIRCLE, Mount Laurel, NJ 08054
Two bedrooms, two baths, in-unit laundry, and a private patio define this Mount Laurel residence.
Property Size1,046 SF
Days on Market5
Property Features for 806 CYPRESS POINT CIRCLE
General Information
Standard status
Active
Size
1,046 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,921
Amenities
fireplace
private patio
laundry room
Building Details
Building Size
1,046 SF
Year Built
1986
Listing Agency:
EXP Realty, LLC
Listed By:
Dante Casella · License #2294098
(856) 651-8485
Source:
Patmckennarealtors
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 27 at 1:43AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This first-floor residential unit has two bedrooms, a full bathroom, and a half bath. Fresh paint and new flooring are reported throughout. A fireplace anchors the family room, which connects to the dining area; the kitchen has ample cabinetry and counter space. A dedicated laundry room and private patio complete the layout. The patio faces a wooded backdrop. The property was built in 1986.
The home is in the Ramblewood Mews community in Mount Laurel, with access to major highways and local destinations.
The home is in the Ramblewood Mews community in Mount Laurel, with access to major highways and local destinations.
Key Highlights
- First‑floor residence with two bedrooms, one full bath, and one half bath
- Fresh paint and new flooring throughout
- Family room fireplace and connected dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,700
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,000
$274.0K
Cap Rate 7%
$195,714
$195.7K
Cap Rate 9%
$152,222
$152.2K
Market Conditions
NOI Build-Up for 1,046 SF
Gross rent
$26.4K $25.20/SF
− Vacancy
−$1.4K −$1.39/SF
EGI
$24.9K $23.81/SF
− OpEx
−$11.2K −$10.72/SF
NOI
$13.7K $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%
$274,000
Cap Rate 7%
$195,714
Cap Rate 9%
$152,222
Alternative Uses
Best Use
Apartment 5plus
$195.7K
$171.3K – $228.3K
NOI $13,700 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.19M
$1.91M – $2.55M
NOI $153,138 @ 7.0% cap · market cap 61.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
997
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
Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms, two baths, in-unit laundry, and a private patio define this Mount Laurel residence.
Where is this residential income property located?
The property is located at 806 CYPRESS POINT CIRCLE Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: First‑floor residence with two bedrooms, one full bath, and one half bath; Fresh paint and new flooring throughout; Family room fireplace and connected dining area
