1105 PARK DRIVE
About This Property
Built in 1950 and extensively updated in the last two years, this residence offers 3 Bedrooms-currently arranged as 2 Bedrooms plus an upstairs Loft family room-and 2 Beautifully finished Bathrooms. Every detail has been curated with Sophistication, from the crisp exterior trim to the elegant interiors enhanced by New linen colored luxury vinyl plank flooring, new carpeting, and professional painting throughout.
The welcoming entryway, accented with custom woodwork and a designer stair runner, opens to an intimate Living room anchored by a Gas Fireplace framed in hand-selected tile and a wall mounted TV with hidden electronics. The open-concept Kitchen and Dining area create a seamless flow for entertaining, with striking Granite counters, stainless steel appliances, lots of soft-close cabinetry, under-cabinet lighting, and bar seating, all complemented by a Dining space with a table that easily expands to host gatherings.
The Main level Primary Suite provides a restful retreat with 2 walk-in closets, plush designer furnishings, and a spa-like Bath featuring dual vanities and a tumbled stone walk-in Shower. Upstairs, a second Bedroom and versatile loft-style third Bedroom offer flexibility for guests, office space, or an additional lounge. The marble-accented full Bath completes this inviting level.
Additional features include a 2-car Detached Garage with electric, new windows and roof. You'll find new landscaping and hardscaping along with irrigation, new roof, gutter system with underground drainage, replacement windows and doors, plus a full basement with perimeter drain including 2 clean outs and sump pump system with battery backup-ideal for storage or future finishing! Outdoor living is enhanced by a new paver patio, fenced dog area, screened in porch with additional TV and plenty of off-street parking.
Offered Fully Furnished-including bedding, kitchenware, decor, and even holiday trimmings-this is a RARE opportunity to simply move in and enjoy from day one! Every convenience has been considered, including a built-in charging station for your vacuum and this home comes with the inclusion of a one-year HSA home warranty for added peace of mind.
At 1105 Park Drive, style, comfort, and thoughtful design come together to create a home that is both welcoming and unforgettable - Truly a Gem in the heart of Erlton just a few houses from the walking path, swim club and Pennypacker Park!
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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 Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017