1200 W HIGH ST
About This Property
On the main floor, you'll find two spacious bedrooms and a full, updated bathroom, along with an 25 X 13 foot family room that opens onto a beautiful 14 by 25 foot deck with solar lights-perfect for entertaining or relaxing. There are hardwood floors through out the first level including two gas fireplaces. Upstairs, there are two more bedrooms, offering plenty of room for family or guests.
The home also features a partially finished basement with a large cedar closet, full bathroom and access to the garage. Moreover there is a spacious 18 x 18 room that could be used as a game room and an additional 10 x7 office. There are two french drains on this level; one protecting the basement areas and the second protecting the garage.
The large, corner lot provides a generous backyard complete with a beautiful large 24 x 12 shed with shelving that is only 2 years old, ideal for storage or hobbies. The flower beds include an irrigation hose to keep your flowers blooming. Recent updates include a roof that is 5 years old and siding that is just 1 year old.
**New Updates***
The interior was freshly painted, the upstairs bathroom is completed with trim and a new exhaust fan/light. The light in the office has been replaced. The ceiling fans have been replaced. The electric outlets are all new and the kitchen exhaust has been replaced
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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 28, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Dec 21, 2024 | Price Decreased |
$447,000
↓ $33K
(6.9%) | |
| Price Decreased | |||
| Oct 4, 2024 | Listed by Weichert Realtors-Haddonfield | $480,000 | |
| Listed by Weichert Realtors-Haddonfield | |||
| Aug 30, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017