116 7TH AVE
About This Property
As you drive onto 7th Ave, you will immediately see the beauty of this tree lined street. The home is an attractive attached twin with over 1500 square feet, offering plenty of space inside and outside. A beautiful wrap around porch gives you the vision of relaxation with your favorite book and a beverage on a sunny day. Enter inside and you will find refinished hardwood floors, a large living room, dining room and oversized farmhouse style kitchen with lots of character and an abundance of cabinetry. There's a back deck and large fenced in yard that is ideal for pets to run around or entertain friends. Upstairs there are 4 bedrooms and a full bath. The 4th bedroom, located on the 3rd level of the home is oversized making it ideal as a bedroom, a game room, home office or craft studio. Use your imagination! There's also an unfinished basement currently used for storage where the heating system can be found.
The property is being sold as is but is in very good condition. The roof and windows are newer and some of the rooms have been freshly painted. There is a new refrigerator and dishwasher. Also, there is a new shed that the owners will be leaving. The sellers are also offering a 1 year home warranty to offer additional peace of mind. The sale of this home is contingent upon the owners locating and securing suitable housing, but they are actively looking for homes.
Come take a tour and see all that this property has to offer. With its affordable taxes and a listing price under $300k, you can live in one of the nicest communities in South Jersey. It's not often you find a home like this available in this market today. Schedule an appointment to visit this home before it's too late!
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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 17, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by Keller Williams Realty - Washington Township | $279,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by Exit Realty Washington Township | $238,700 | |
| Listed by Exit Realty Washington Township | |||
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Haddon Heights !! Many quaint businesses to visit within walking distance from this 3/4 bedroom twin with large yard in desirable neighborhood . Large 3rd floor would be great as an owner suite , office , or game room. Gorgeous refinished hardwood floors, newer windows and roof . Freshly painted deck and wrap around front porch . Upgraded 150 amp electrical service . Haddon Heights Schools . Home is in good condition and it is the perfect situation to add your own personal tastes.
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| Apr 24, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017