116 DAVIS RD
About This Property
This home boasts 5 generously sized bedrooms, including a highly sought-after first-floor bedroom ideal for guests, a home office, or a convenient in-law suite. With 3 full bathrooms, this property offers both functionality and style, catering to a variety of needs.
Step inside and be welcomed by impressive vaulted ceilings that create a bright, open, and airy atmosphere. At the heart of the home is the expansive great room, perfect for gatherings and relaxation, featuring two charming wood-burning fireplaces that add warmth and character, making every evening cozy and inviting.
The kitchen and dining areas are conveniently located for effortless entertaining or enjoying quiet family meals. The thoughtful layout ensures a seamless flow, making every corner of this home both practical and inviting.
Outdoor living shines with a large wraparound wood deck, perfect for hosting barbecues, sipping your morning coffee, or unwinding as you take in the tranquil surroundings. The spacious yard offers endless opportunities for gardening, play, or simply enjoying the fresh air.
Located in a prime area, this home offers access to the best of South Jersey living. Spend your weekends exploring the nearby brewery and winery, playing a round of golf, or venturing to the Wildwood beaches and historic Cape May, just a short drive away.
This home isn't just a property-it's a lifestyle. Whether you're entertaining, relaxing, or exploring the vibrant local area, this home has everything you need to make it your own.
Sold as-is, this is your opportunity to customize and make it your dream home. Don't miss out-schedule your private tour today and see why this property is a rare find. And don't forget to check out the video tour for a sneak peek of all that awaits!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Relisted | $419,900 | |
| Relisted | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Jan 1, 2025 | Listed by EXP Realty, LLC | $419,900 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017