1408 SPRUCE AVE
About This Property
Upon entering this delightful property the Living Room beckons with its subtle wall color and its luxury vinyl plank flooring, offering both comfort and ease of maintenance. The two bedrooms are situated adjacent to the living room. Both have luxury vinyl plank flooring as well as large closets and windows allowing in plenty of natural light. The primary bedroom has a wall mounted TV for the new owner to enjoy! In the second bedroom you will discover the convenience of the pull-down steps, granting effortless access to the attic-a versatile space ready for your vision, whether for storage or transformation into a serene master suite.
The updated bathroom boasts a shower stall adorned with decorative ceramic tiles, complemented by a newer vanity and tiled flooring, creating a serene retreat.
The heart of this home lies in the inviting eat-in kitchen, where gas cooking, a disposal, and a pantry await. Crown molding gracefully accents this space, amplifying its charm, while ample windows bathe the area in natural sunlight, creating an inviting atmosphere. A door leads to a new concrete patio and gravel area, extending your living space outdoors and providing a picturesque view of the rear yard that is expansive and fenced in! This back yard can be your oasis for you to enjoy in every season. And let's not forget the spacious 2 car detached garage with endless possibilities, a gym, a game room, an office or just to house your car. An added bonus is the access from the patio to a room connected to the garage. Use your imagination and finish these spaces to suit your needs! The crawl space, accessible from the exterior, adds practicality to your storage solutions.
For added convenience, a stackable washer and dryer are included.
This home's interior has been thoughtfully refreshed and is inviting you to simply bring your belongings and make it your own. With its proximity to major highways, shopping, restaurants, mere minutes from the Speedline and located in the award-winning Voorhees school system this enchanting abode effortlessly combines comfort, convenience, and charm. Embrace the serenity of this delightful retreat, ready to welcome the new owner home.
*The detached garage is being sold As -Is.
* The Buyer/ Buyers Agent is responsible for providing Voorhees Township with a new raised seal survey as required by the township.
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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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Listed by Keller Williams Realty - Cherry Hill | $299,500 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by EXP Realty, LLC | $198,362 | |
| Listed by EXP Realty, LLC | |||
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MULTIPLE OFFERS! Highest and Best need to be Submitted by 9/7 at 12:00. This Adorable Bungalow is located on a dead end street. As you pull up to the house you will notice the covered front porch great for your morning coffee. When you enter the Living Room you will find vinyl flooring. The updated bathroom has a shower stall with decorative ceramic tile, newer vanity and tile flooring. In the eat-in kitchen there is gas cooking, disposal, a pantry, accented by crown molding, and windows allowing for plenty of natural sunlight. There is a door leading to the deck overlooking the fenced rear yard. The pull down steps gives easy access to the attic for any extra storage needs. Access to the crawl space is from the exterior. As an added bonus there is a detached 2 car garage great for a gym, storage or your cars! This home's interior has been freshly painted, so just pack your belongings and move right in!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017