1362 PADDOCK WAY
About This Property
Set on a quiet, tree-lined street, this home boasts timeless curb appeal with classic brickwork, a crisp white facade, and a charming covered front porch. Inside, refinished hardwood floors, vaulted ceilings, and sun-drenched living spaces create a warm and inviting atmosphere from the moment you step through the door.
The front living and dining rooms flow seamlessly into a thoughtfully renovated kitchen featuring granite countertops, stainless steel appliances, custom cabinetry, and a spacious breakfast bar-perfect for casual meals or entertaining.
All three bedrooms are generously sized, including a private primary suite with a modern en-suite bath and ample closet space. The updated hall bath offers dual vanities and excellent storage, while a stylish lower-level powder room provides added convenience for guests.
The large, finished walk-out lower level offers incredible flexibility-currently used as a game room, it's ideal as a second living area, home gym, or playroom. The adjacent laundry and utility room is bright, oversized, and functional, with direct backyard access and abundant storage.
Additional highlights include a newer roof, a one-car garage with an extended driveway, and thoughtful upgrades throughout-making this home truly move-in ready.
Step outside to a serene, fenced-in yard featuring lush landscaping, mature trees, a storage shed, and plenty of space for entertaining, gardening, or relaxing. Whether it's morning coffee on the patio or summer barbecues under the trees, this outdoor space offers comfort and privacy.
Ideally located just minutes from top-rated schools, local dining, and major highways, this home perfectly blends style, comfort, and convenience in one of Cherry Hill's most beloved communities.
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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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by Keller Williams Realty - Moorestown | $499,900 | |
| Listed by Keller Williams Realty - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017