123 BURNT MILL ROAD
About This Property
Nestled in a sought-after neighborhood known for its excellent location and convenience, this property offers the chance to build equity in one of Cherry Hill's most desirable areas. Whether you're looking to restore the existing home or take advantage of the oversized lot to create something new, opportunities like this are hard to find.
Bring your vision and imagination and unlock the potential of this unique property! Sold strictly as-is.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Coldwell Banker Realty | $220,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017