124 BERKLEY AVE
About This Property
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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 27, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2023 | In contract | - | |
| In contract | |||
| Sep 21, 2023 | Listed by RE/MAX Preferred - Mullica Hill | $300,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
| Sep 23, 2016 | Sold | ||
| Sold | |||
| Jun 17, 2016 | Listed by BHHS Fox & Roach-Washington-Gloucester | $143,999 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
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Welcome to 124 Berkley Ave, located in East Greenwich Twp., NJ. This home offers a unique opportunity for you to get into a great area at an affordable price. The home is located a block off Kings Highway. The neighborhood boasts a beautiful mature tree, tree lined street, reminiscent of days gone by. The home itself is a cape cod style, 1.5 story home with a detached garage with carport on a beautiful quarter acre lot ( /-). There is metal siding with beautiful brick accent exterior. Inside, the living room boasts a bay window and has a full length brick/wood burning fireplace. Also on the first floor are a full eat in kitchen with rear egress, dining room and two bedrooms, discreetly hidden from full view from friends and visitors. Upstairs there are two decently proportioned bedrooms, with barrel roofs and a full bath to service them. The roof has been upgraded as has been the a/c unit and hot water unit. Also included are the washer, dryer and range. The house exhibits "vintage d cor" that would befit an intrepid sort who is willing to bring their creative ideas to bear. THIS PROPERTY IS NOT A SHORT SALE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017