103 MONROE AVENUE
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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 |
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| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by BHHS Fox & Roach-Mullica Hill South | $329,900 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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** Multiple Offers Recieved, Seller calling for Highest and Best by Tuesday 12/10 at 4pm !! **Welcome to this charming updated rancher on desirable Monroe Ave of Pitman Hills section of Glassboro Twp! This beautifully updated rancher offers a perfect blend of charm and modern convenience in a prime location. Step into the inviting main living area, where you'll find gleaming hardwood floors, a large bay window that fills the space with natural light, and a brick gas fireplace. The updated kitchen is a chef’s dream, boasting white cabinetry, granite countertops, stainless steel appliances, tile flooring, and ample storage. The open-concept layout seamlessly connects the kitchen to the dining area, also featuring stunning hardwood floors. The home includes three generously sized bedrooms, each with ample closet space, and a remodeled full bathroom with a modern shower. For added convenience, the main floor offers a laundry area. Downstairs, the finished basement provides the perfect bonus space—ideal for entertaining, relaxing, or hosting holiday gatherings. It features a cozy stone gas fireplace, a half bath, and an unfinished area for all your storage needs. Step outside to your fenced in backyard, complete with a spacious deck, a powered sunshade, and a patio area. The yard offers plenty of space for outdoor activities and relaxation. Additional highlights include a one-car garage, an expansive driveway, and recent updates like a 5-year-old HVAC system and roof. This home’s location is unbeatable—just minutes from downtown Pitman’s shops and dining and Rowan University! With its thoughtful updates and ideal setting, this home is truly move-in ready. Pack your bags and start your next chapter here! Schedule your showing today!
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| Aug 22, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Keller Williams Realty - Washington Township | $112,500 | |
| Listed by Keller Williams Realty - Washington Township | |||
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PRICE REDUCED!!! Beautiful 3-Bedroom Ranch-style home in one of Prestigious Pitman's Best Communities! Enjoy the stunning wooded views surrounding this adorable home with interior features you are sure to love. Gorgeous original hardwood flooring throughout, a huge bay window in the living room with a brick fireplace, custom built-ins in the formal dining room with sliding glass doors leading out onto your back deck, and a sprawling, wide galley kitchen with tons of cabinet and countertop space. Three generously sized bedrooms and a full bath complete the main living floor. In your basement, you have so many possibilities. Use for storage and laundry or finish for additional living space! Don't forget about your attached one-car garage! What a terrific price for this lovely Pitman home in the best of locations - close to local downtown as well as major commuter roadways! ***HUD Home*** Sold AsIs. Buying a HUD home couldn't be simpler! Check HudHomestore for property availability prior to showing. Eligible for FHA 203k financing! Per FHA Appraisal, built in 1950. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please see addendums regarding FloodSmart for additional information regarding flood zones and insurance. Insured with Escrow Rpr (IE). LBP.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017