121 UNION AVENUE
About This Property
The expansive first floor features a large primary bedroom with an attached quarter bath, a full bathroom, and a versatile office space. Enjoy the outdoors on either of the two porches. The updated kitchen-remodeled 15 years ago-includes shaker-style cabinetry, stainless steel appliances, a farmhouse sink, double wall ovens and plenty of space for entertaining.
Upstairs, you'll find four generously sized bedrooms, a full bath and a dedicated laundry room. Additional features include a walk-up attic, a full basement, and 6-car driveway with dual access points.
Conveniently located near the PATCO train with easy access to Philadelphia, parks, shopping, restaurants and public transportation-this one-of- a-kind home in sought-after Olde Stratford is not to be missed.
Located within walking distance to Rowan Virtua School of Osteopathic Medicine, this home offers an ideal investment opportunity as a rental property for medical students and residents. Enjoy steady rental demand in a highly desirable area, perfect for long-term returns.
One-year Home Warranty is included. Home is sold in "As Is Condition".
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017