1516 BURNT MILL RD
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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.
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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 |
|---|---|---|---|
| Jan 17, 2023 | Sold | ||
| Sold | |||
| Nov 20, 2022 | Listed by Realty Mark Advantage | $349,900 | |
| Listed by Realty Mark Advantage | |||
| | |||
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Welcome to 1516 Burnt Mill Rd. This 3 bedroom split level is located in the Woodcrest section of Cherry Hill. This home has been well maintained and is ready for its new owner. Upon entering the home you will see the property has been tastefully updated with modern colors, new baseboards, and doors. The upper level of this home has three generously sized bedrooms and an updated full bathroom. On the lower level, the spacious family room has large windows that view the outside patio area and fully fenced in backyard. There is also a laundry room, half bath, and storage room with high efficiency HVAC and water heater on the lower level. The backyard has a shed with electric. Located close to shopping, schools, and PATCO. Buyer will also receive home warranty with purchase. Don't wait, schedule your showing today!
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| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by BHHS Fox & Roach-Cherry Hill | $199,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
| Jul 16, 2012 | Sold | ||
| Sold | |||
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About Ashland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017