14 HIGHGATE LN
About This Property
Welcome Home to this most attractive and expansive split level style house in a desirable community nestled in the East Side of Cherry Hill. The home is ideally situated just a few short blocks from the award-winning Richard Stockton Elementary School and the Wexford Leas Swim Club. This impressive residence offers four bedrooms, two full bathrooms as well as one half-bath. Enter into the spacious foyer and notice the original hardwood floors that have been beautifully refinished here and upstairs. The first floor includes a large formal living room, dining room, eat-in kitchen. NEW white Shaker style, soft close, 42-inch cabinetry, sleek quartz countertops, a breakfast bar and NEW stainless appliances are just some of the highlights of this amazing kitchen with lots of natural light! Other highlights of the first floor include recessed lighting, new doors, and three bedrooms. Both upstairs bathrooms have been fully remodeled. The hall bath has a NEW vanity, NEW tub and has been freshly tiled with a contemporary black-and-white theme. The owner's suite has its own private bath complete with NEW herringbone-laid marble tiles and a NEW vanity! Downstairs feels like a whole new house with a family room and gas fireplace, a bedroom, and an office space all freshly carpeted. There is also a powder room that has also been tastefully updated. A separate utility room contains the NEW HVAC and NEW electrical panel. This home has all NEW windows in the lower level, a NEW warrantied HVAC system, NEWER (2019) water heater, and a NEWER (2019) roof. The entire home has been tastefully repainted inside and out. The possibilities are endless. There is also a one-car garage with direct access to the home. Step outside to an outside oasis with a large patio, wooded area and a swimming pool ready for your summer staycation! The yard is private and scenic; a perfect place to have your morning coffee. This home is in a beautiful tree lined neighborhood with lots of places to stroll and sights to see. Its central location makes it convenient for easy commuting to Philadelphia, the Shore, shopping, and dining. This is a must-see property. Make your appointment 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%.
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 14, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | In contract | - | |
| In contract | |||
| Jul 7, 2023 | Listed by Century 21 Alliance-Cherry Hill | $439,000 | |
| Listed by Century 21 Alliance-Cherry Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017