$459,900
●
House -
Off Market
1509 PLEASANT DRIVE
CHERRY HILL, NJ 08003
5 Beds
3 Baths,
1
Half Bath
3,028 Ft²
$3,154
Est. Monthly
5.73%
Cap Rate
About This Property
Back on the market. The buyers house in NY hasn't sold yet. It was
contingent on the buyer's house selling in NY.
**Spacious 5-bedroom, 2.5-bath home located in the desirable Woodcrest neighborhood of Cherry Hill. This home features a versatile in-law suite with a sixth bedroom and another full bathroom. The main house boasts a spacious kitchen with a wrap-around breakfast bar that flows into the dining room, featuring ceramic tile flooring and maple cabinets. Enjoy the elegance of hardwood floors in the dining and living rooms, a gas fireplace in the family room, and an electric fireplace in the living room. The master bedroom offers a luxurious retreat with a jacuzzi tub, shower, and two walk-in closets. Additional highlights include a loft in the fifth bedroom, a concrete driveway, solar panels, and a large backyard with a shed. Recent updates include a new AC, heater, and hot water heater installed in 2020. This home has lots of closets and a bonus storage room off of the 5th bedroom. Don't miss this exceptional home in a fantastic neighborhood! Schedule a tour today!
**Spacious 5-bedroom, 2.5-bath home located in the desirable Woodcrest neighborhood of Cherry Hill. This home features a versatile in-law suite with a sixth bedroom and another full bathroom. The main house boasts a spacious kitchen with a wrap-around breakfast bar that flows into the dining room, featuring ceramic tile flooring and maple cabinets. Enjoy the elegance of hardwood floors in the dining and living rooms, a gas fireplace in the family room, and an electric fireplace in the living room. The master bedroom offers a luxurious retreat with a jacuzzi tub, shower, and two walk-in closets. Additional highlights include a loft in the fifth bedroom, a concrete driveway, solar panels, and a large backyard with a shed. Recent updates include a new AC, heater, and hot water heater installed in 2020. This home has lots of closets and a bonus storage room off of the 5th bedroom. Don't miss this exceptional home in a fantastic neighborhood! Schedule a tour today!
Unit Size
3,028 Ft²
Days on Market
224 days
Land Size
0.19 acres
Price per sqft
$152
Property Type
House
Property Taxes
$895
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (Bright MLS #NJCD2091436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$459,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Oct 20, 2025 | Price Decreased |
$469,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$474,900
↓ $5K
(1%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Ashland
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Listed by: TammyLee Kennedy
KingsGate Realty LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJCD2091436
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
KingsGate Realty LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJCD2091436
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017