1012 KRESSON ROAD
About This Property
Upstairs, the primary suite offers a walk-in closet and an updated bath with ceramic tile. The three additional bedrooms are all generously sized with great closet space and share a hall bath featuring a ceramic tile floor and tub/shower with ceramic surround. Extra closets provide excellent storage.
From the kitchen, French doors lead to a sunroom overlooking a private, fenced-in backyard with a pergola-covered patio-ideal for entertaining. Gardeners will love the raised beds, cherry trees, crepe myrtles, and mature maple trees (yes, the sellers made their own syrup!). There's also a chicken coop-chickens can stay or be rehomed. The basement offers plenty of space for a home gym, game room, or future finishing. A one car garage with opener and a large driveway complete this lovely home
Key upgrades include a new roof (2022) and sewer line (2022). All this in a great location with top-rated Cherry Hill schools, close to shopping, dining, and major roadways. A standout home in a sought-after neighborhood!
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by RE/MAX Of Cherry Hill | $499,000 | |
| Listed by RE/MAX Of Cherry Hill | |||
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by EXP Realty, LLC | $449,000 | |
| Listed by EXP Realty, LLC | |||
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BRING ALL OFFERS! MOTIVATED SELLER - BACK ON MARKET! Come check out this newly renovated 4 beds, 2.5 baths home located in the Willowdale neighborhood of Cherry Hill! The home was just updated with a BRAND NEW roof and NEWLY PAINTED interior. This home is situated on a massive lot with a huge backyard. Upon entering, you will find the living room is to your left and dining room to your right with beautifully refinished hardwood floors. Straight down the hall, you will enter into the family room with a fireplace to your left, brand new hardwood floors and a massive eat-in kitchen to your right with granite countertops and stainless steel appliances. You also can't miss the 3 seasons room! Upstairs features an updated full bathroom, primary bedroom with a private full bathroom and 3 additional spacious bedrooms with lots of closet space in each room. The basement is unfinished, perfect for you to customize how you want and meet your storage needs. This is an amazing opportunity to live in a great family neighborhood with award-winning school district. All of this plus close proximity to shopping centers, restaurants and short drive to the city!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017