111 SHARROW VALE RD
About This Property
Window accent, 2 additional well-sized bedrooms & updated hall bath w/Jacuzzi tub, plus pull down stairs for attic access. Relax in the cozy lower level family rm w/a wall of windows, built-in cabinets & bookcases & room for exercising equipment. An office (or 4th bedrm), another updated half bath, laundry rm w/newer Industrial sized Speed Queen washer & dryer (2020), storage closet & crawl space w/sump pump & vapor barrier complete the lower level. All this plus a newer Stand by Natural Gas Briggs & Straton Generator with upgraded gas meter (2018) which affords peace of mind during a power outage (heat, most lights, sump pumps, refrig & garage door openers are all wired to it). With newer roof (2016), newer tank-less hot water heater, upgraded elec service (220 amps), security system and a one year home warranty, this stunning home is ready for new owners to move-in & start making memories. Cherry Hill Schools & easy access to shopping, major Roads & bridges, 20 min to Phila.
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by BHHS Fox & Roach-Cherry Hill | $430,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
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About Barclay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017