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124 DORADO AVENUE
About This Property
Step inside to the spacious living room, which opens to the adjoining formal dining room. The totally remodeled kitchen, completed in 2018, features updated cabinetry, granite countertops, a seated breakfast bar, stainless steel appliances, tile backsplash, and a pantry closet. Also conveniently located in this area is a laundry closet with a washer, gas dryer, and gas hot water heater. The open adjoining family room features a wood-burning fireplace, making it the perfect place to snuggle up on those cold winter days. A door leads directly to the rear patio and generously sized fenced backyard, complete with a shed-ideal for summertime barbecues and outdoor entertaining. Back inside, off the family room, is the fourth bedroom, which is the converted garage and features two double closets. Down the hall, you'll find the remaining three bedrooms and two full bathrooms. The primary bedroom offers a spacious closet and its own private upgraded bathroom with a stall shower. The other bedrooms share the hall bathroom. Additional features include an irrigation system servicing both the front and rear yards and solar panels installed in 2018 on the rear roof. The seller is purchasing the solar panels, with a current payment of $287.18 per month. The seller reports little to no electric bills and also receives SREC credits for the energy generated by the system.
The seller has priced this property fairly for its condition and is selling it totally AS IS. The seller is looking for a buyer who can settle quickly. This is a great opportunity for someone looking for a spacious ranch-style home with four bedrooms, two full baths, a fenced yard, solar, and a convenient Washington Township location. Don't wait-schedule your showing today!
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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 |
|---|---|---|---|
| Oct 8, 2026 | Sold | ||
| Sold | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Listed by BHHS Fox & Roach-Mullica Hill South | $299,900 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017