119 MOUNTWELL AVE
About This Property
Built in 1910, this home provides the charm of original hardwood floors, stained glass windows and high ceilings throughout all three floors.
A welcoming front porch leads you right inside to the living room complete with a gas fireplace. The enlarged dining room boasts of a bay window and flows into the kitchen. The kitchen highlights exposed brick, an island complete with marble countertop, subway tile backsplash, eat-in breakfast area and a large pantry. Double doors with stained glass detail lead to the sunken family room; complete with sky lights and a wood-burning fireplace.
On the 2nd level, you will find the primary bedroom, two additional bedrooms, full bathroom and a walk-in cedar closet.
On the 3rd level, there are two bedrooms and a full bathroom with soaking tub!
There is a fully-planked attic with pull down stairs.
An unfinished walk-out basement provides an abundance of storage and an area for laundry.
The two car detached garage is in AS-IS condition.
This location is walkable to schools, restaurants and shops in Downtown Haddonfield. The PATCO station provides an easy commute to Philadelphia if needed!
Seller is providing a one year home warranty with the purchase of the home.
Seller is also looking for a Spring 2025 rent-back.
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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 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Weichert Realtors-Haddonfield | $975,000 | |
| Listed by Weichert Realtors-Haddonfield | |||
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About Haddonfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017