1200 MEDIA RD
About This Property
The focal point of this privacy fenced back yard oasis is the beautiful fiberglass saltwater & heated, professionally landscaped inground pool with a spa, stunning concrete around the pool, and a beautiful and large covered stamped concrete & paver patio, great for entertaining. Back inside is a beautiful, upgraded gourmet kitchen with lots of maple KraftMaid cabinets, a large island with a butcher block top, hard service counter tops, ceramic backsplash, all high-end GE profile stainless-steel appliances including a double oven. A large laundry room featuring a front-end loader washer and dryer and lots of extra built in storage areas, is off the kitchen on the way to the side entry 2 car garage, featuring additional storage area. There is a good-sized den/family room off of the kitchen with built in Tv space. Next, the full basement offers lots of potential for future finishes and extra living space! There is a partially finished game room with a wood burning fireplace shuffleboard, pool table and dart board, a large utility/workshop room, upgraded 200-amp electric service.
Upstairs, the spacious Primary bedroom suite features a walk-in closet, recessed lighting, a ceiling fan, wainscotting and crown molding. The Newer remodeled Primary bathroom is spectacular- great open concept tiled shower with rain shower fixture w/ thermostat diverter, updated flooring, and vanity, just stunning!
3 additional good-sized bedrooms with great closet space and hardwood flooring. A full tiled hall bathroom. Numerous amenities include- most new windows, lots of accent crown molding and wainscotting t/o, hardwood flooring in main living spaces, ceramic tiled bathrooms & wood look laminate flooring in the kitchen, inground lawn sprinkler system, and newer 6 panel doors throughout. So much house for the money, show and sell!!!
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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%.
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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.
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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | In contract | - | |
| In contract | |||
| May 17, 2023 | Listed by RE/MAX Of Cherry Hill | $599,900 | |
| Listed by RE/MAX Of Cherry Hill | |||
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About Cherry Hill Mall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017