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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $299,500 | |
| Listed | |||
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Spacious 5 bedroom 2.5 Bath 2 Story Colonial located on a large corner location in desirable Point of Woods development on the east side of Cherry Hill. Who needs to go to the beach when you can enjoy time relaxing and entertaining on the deck and swimming in the in-ground pool this summer in your own backyard! The backyard is privacy fenced and there is storage shed. A cozy front porch welcomes you with upgraded double front doors. The foyer has ceramic tile flooring. The living room has beautiful hardwood floors and a pretty bay window which provides lots of natural lighting. The formal dining room also has hardwood floors. This home has a great layout with the kitchen and family room next to each other and both leading out to the back yard makes which makes this a great space for entertaining. There is a custom wet bar and brick fireplace in the family room and sliding glass doors to the back yard. Large kitchen with breakfast area, over sized pantry, dishwasher and garbage disposal and has glass sliding doors to the large deck. Five spacious bedrooms upstairs with the master bedroom having a master bathroom. Convenient main floor laundry room, Partially finished basement with custom bar and pool table included! Plenty of storage in this house with a basement and 2 car attached garage. The windows are Andersen windows and the house has vinyl siding. The hot water heater was replaced approx. 2015 and the heater approx. 2005. This house has a central vacuum system. A One Year Home Warranty is included. This home is located in a fantastic school district and is located close to major highways, Patco High Speed Line, local shopping and restaurants. Similar homes already remodeled are selling in the 400,000 range so lots of potential for someone interested in some remodeling to make a home their own! Schedule your appointment today!The manager has listed the unit size as 2322 square feet.
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| Apr 30, 2017 | Listed by RE/MAX Preferred - Cherry Hill | $299,500 | |
| Listed by RE/MAX Preferred - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017