114 STATE ST
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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.
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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 8, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2023 | In contract | - | |
| In contract | |||
| Aug 24, 2023 | Listed by HomeSmart First Advantage Realty | $315,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Mar 15, 2020 | Listed by Keller Williams Realty - Washington Township | $199,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Beautifully remodeled 1.5 story home with 3 bedrooms (possibly 4th bedroom upstairs) and 2 full bathrooms located on a large lot, just minutes from the Cherry Hill Mall, restaurants, eateries and all major roadways. Enter the home from the covered porch into the living room with newly stained hardwood floors and neutral colors throughout. Dining room with built in china cabinet which leads into a spacious newly updated eat-in kitchen with white cabinets, new gas stove, dishwasher, refrigerator and glass tile back splash. Adjacent to the kitchen is a spacious sunroom with tons of natural light lined with windows and skylights great for relaxing with a cup of coffee or glass of wine. A full bathroom and 2 spacious bedrooms with hardwood floors complete the main level. Upstairs is tons of room with a spacious bedroom with 2 full closets, 2 sitting rooms and storage area. A second newly remodeled full bathroom with tiled shower is located upstairs as well. Full unfinished basement is currently used for storage as well as laundry and offers additional space which could be finished for additional living space. New gas heater and central air. Large fenced in back yard great for outdoor activities and family gathering. There is a detached garage and room in the driveway for up to 4 additional cars. This property will not last so please schedule your appointment today!
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About Merchantville
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$2,000 /mo
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017