102 GARFIELD AVE
About This Property
Inside, you'll find a welcoming center hall with a beautiful wood banister and classic hardwood floors. The freshly painted walls in soft neutrals make this home move-in ready. The dining room opens to an updated kitchen featuring rich wood cabinets and Silestone countertops, with convenient access to the attached garage, which includes floored attic storage, a workbench, and an automatic door opener.
The spacious living room is ideal for gathering, with a cozy gas fireplace, traditional wood mantel, and French doors leading to a breezy, covered porch addition (2008). This bright, flexible space includes full-size windows, a ceiling fan, and electrical service.
Energy-efficient windows (2018) allow for natural light throughout, and a guest half bath completes the main floor. Upstairs, new carpets have been installed, but original hardwood floors are preserved underneath. Here, you'll find four generously sized bedrooms, including a primary suite with a stylish en suite bathroom, while the other bedrooms share a renovated main bath. A pull-down staircase offers access to additional attic storage.
The partially finished basement, with vinyl plank flooring, offers endless possibilities as a home office, playroom, or fitness space. It includes a sump pump with a drainage system, LG washer and dryer, and a basement freezer. Other upgrades include a gas hot water heater, furnace, updated 200-amp electrical service (2008), and a new air conditioner (2022).
Cherry Valley is a warm and friendly neighborhood with a local park, playground, ball field, Little Free Library, and nature trails. The neighborhood also hosts community events, creating a welcoming atmosphere. Ideally located, you're minutes from Philadelphia and have easy access to the NJ Turnpike, I-295, Routes 73, 70, and 38, and PATCO. Cherry Hill offers award-winning schools, excellent shopping, dining, and entertainment options. Don't miss out on this exceptional home!
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Nov 12, 2024 | Listed by Keller Williams Realty - Moorestown | $499,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Nov 30, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017