10 MOREHOUSE LN
About This Property
Magnificent cape cod featuring 3 bedrooms, 2 1/2 baths, an enchanting living room with floor to ceiling windows, overlooking the tranquility of natures woods and lake. There is a center fireplace, built-in book cases, hardwood flooring and custom drapes and power shades. Adjacent to the living room is an elegant, formal dining room and foyer. The functional, eat-in kitchen features all newer stainless appliances, off white cabinets, granite countertops, and ample storage space. The family room draws you in and you are surrounded by windows offering a peaceful view of the lake and woods. Enjoy birdwatching here or walk into the screened-in porch and take advantage of the sights and sounds of nature. There's a quiet place to work from home in the den that is conveniently located off the kitchen. The master suite is located on the first floor accented with a state-of-the-art bathroom and a custom walk-in closet. The laundry room has newer appliances, built-in storage closets and has access to the rear yard and 2 car attached garage. There is a charming powder room located here as well. The second floor consists of 2 lovely bedrooms and a fully tiled bath. A fabulous, large walk-in closet is located here also with additional space that could also be expanded across the top of the garage for more bedrooms. The yard has been professionally landscaped with exterior lighting and hardscape. An inviting front porch is also located here. The exterior of the house was painted 2 years ago and the furnace and hot water heater was replaced then as well. New A. C., radon system and a whole house generator. Begin the next chapter living your best life in one of Haddonfield's finest homes!
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What does this mean?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Oct 19, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by BHHS Fox & Roach - Haddonfield | $999,999 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
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About Haddonfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017