1508 RANDY LN
About This Property
Welcome to 1508 Randy! As soon as you pull into the driveway you will be captivated by the beautiful landscaping and the welcoming front porch. Pictures of the outside can be deceiving as it feels so much bigger than expected when you enter the front door. Vaulted high ceilings in the living room and the open concept kitchen dining area with the breakfast bar make it perfect for having the whole family together for dinners and/or for entertaining family and friends. You could tell the owners absolutely loved their home. The colors give the space a cozy, warm and welcoming feel. The second floor boasts three nice sized bedrooms and a bathroom. The third bedroom has a treadmill that comes with the home. There is an additional bathroom on the upper level that they currently used for storage. There is plenty of space in there to create a luxurious spa retreat. Walk a few steps down to the ground level where you will find an additional bathroom, laundry room and fourth bedroom which is currently being used as an office. The fourth bedroom/office is equipped with a large cedar closet. The great room is great for entertaining or gathering the family. The door leads right out to the open expansive landscaped backyard with beautiful stone patio. The backyard is currently registered as a Certified Wildlife Habitat with the National Wildlife Federation because of the variety of plantings beneficial to pollinators. All backyard furniture comes with the home with the exception of the two loungers. Schedule your appointment today! Showings start on Thursday and we have an open house scheduled for Saturday May 21, 2022 12pm until 4pm and we will be hosting an additional open house on Sunday May 22, 2022 12pm-4pm.
This home comes with an America's Preferred one year home warranty.
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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 |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Keller Williams Realty - Cherry Hill | $375,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017