138 CARDINAL DRIVE
About This Property
Upstairs, there are three spacious bedrooms and a renovated full bathroom, remodeled about two years ago. The lower level offers an expansive family room that can also serve as an office, abundant natural light from numerous windows, a powder room (less than one year old), and a laundry/utility room. The utility room has an exit to the fully fenced backyard, which includes additional fencing around the inground pool. This exceptional outdoor space features a covered patio, ideal for entertaining.
The interior of this lovely home is currently being repainted, and new LVP flooring has just been installed in the living room and breakfast area, along with new carpeting in the family room, stairs, hallways, and bedrooms. This property offers numerous amenities and is situated in a prime location, close to transportation and shopping. Show and sell! Although the home is in good condition, the seller is offering it in "as is" condition.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by RE/MAX Of Cherry Hill | $360,000 | |
| Listed by RE/MAX Of Cherry Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017