109 OLD CARRIAGE ROAD
About This Property
Step onto the inviting full front porch and into a sun-drenched interior featuring original hardwood floors throughout and abundant natural light. The entry foyer opens to a formal dining room accented with elegant wainscoting and a feature wall, setting the tone for stylish gatherings.
The heart of the home is the stunning, updated kitchen-designed with quartz countertops, warm tone oak style cabinetry, a deep farmhouse sink, stainless steel appliances, and a designer white tile backsplash. An extended counter with seating for four and a sideboard buffet makes this space perfect for both casual meals and entertaining. Laundry room located on main floor with door access to the garage.
The kitchen flows seamlessly into a spacious living room with a full brick fireplace, accent windows, and sliding glass doors leading to the patio and backyard. A separate gathering room offers additional space to relax, host game nights, or enjoy movie marathons.
A main floor bedroom serves as a primary or guest suite, complete with a full bath and stand-up shower.
Upper level features a serene primary suite boasts a luxurious contemporary bathroom, walk-in closet, and extra storage. Two additional bedrooms are generously sized and feature recessed lighting throughout.
Additional highlights include:
- One-car garage
- Newer siding front exterior ansd new roof
- New water heater
- HVAC system approx. 6 years young
This move-in-ready gem offers the perfect blend of charm, space, and modern amenities in one of Cherry Hill's most beloved communities.
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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.
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About Barclay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017