116 KENNEDY BLVD
About This Property
Welcome to 116 Kennedy Blvd, a charming home nestled in the heart of Bellmawr, NJ. This meticulously maintained residence offers comfort, convenience, and an excellent location. With 3 bedrooms and 1.5 bathrooms, it provides ample space for your family.
Upon entering, you'll be greeted by a warm and inviting atmosphere, thanks to the open-concept layout that seamlessly connects the living, dining, and kitchen areas. The brand-new Luxury Vinyl Plank floors installed in 2023 enhance the overall aesthetic. The kitchen showcases meticulous attention to detail with granite countertops, a customized backsplash, bright white cabinets, a custom-made "butcher block" kitchen island, and stainless-steel appliances (fridge and stove - 2021).
Upstairs, you'll find original hardwood floors throughout the entire floor, leading to the primary bedroom with a spacious closet and two additional generously sized bedrooms. The glass sliding doors in the kitchen open to an inviting, sunny porch with a new roof on the sunporch in (2022). The fully fenced backyard features newer white vinyl fencing (2020).
The leased solar panels can be transferred to the new owners. For additional entertainment space, head downstairs to the partially finished basement, completed in 2021. It offers endless possibilities to create a game room, theater room, craft room, gym, or any other space that suits your needs. The laundry room can also be relocated to the unfinished portion of the basement if desired.
This home also features a newer A/C and furnace (2017), French Drain and sump pump (2019), ensuring your comfort and peace of mind. Conveniently located near Bell Oaks School, grocery stores, local eateries and shops, gyms, and major roads and highways (BHP, Turnpike, Rt 295, Rt 42, Rt 130), this property provides easy access to everything you need. The Walt Whitman and Ben Franklin Bridges are just minutes away, and the Jersey Shore is less than an hour's drive.
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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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Dec 31, 2023 | Relisted | $279,999 | |
| Relisted | |||
| Dec 15, 2023 | In contract | - | |
| In contract | |||
| Nov 20, 2023 | Listed by Keller Williams Realty - Washington Township | $279,999 | |
| Listed by Keller Williams Realty - Washington Township | |||
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About Bellmawr
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017