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16 EDDY LANE
About This Property
From the moment you arrive, the home impresses with its clean curb appeal, classic brick-accented facade, oversized double-wide driveway, and attached 2 car Garage. Set on a generously sized lot, this well-maintained home offers four levels of versatile space, making it ideal for growing households or anyone looking for room to spread out.
Step inside to a welcoming foyer complete with a coat closet before entering the sun-drenched living room, where a vaulted ceiling and dramatic floor-to-ceiling windows create a bright and airy atmosphere. The adjoining dining room offers wonderful flexibility and could easily be expanded into the eat-in kitchen to create the open-concept entertaining space you've always envisioned.
The kitchen is both functional and inviting, featuring granite countertops, stainless steel appliances, and a range with dual ovens-perfect for hosting holiday gatherings.
Upstairs, you'll find 4 bedrooms, each showcasing beautiful original hardwood flooring. The primary bedroom enjoys its own private bath, while a spacious hall bathroom comfortably serves the remaining bedrooms.
The lower-level family room is the perfect place to relax, highlighted by a cozy fireplace, convenient half bath, and direct access to the laundry room. An additional basement level provides abundant storage, workshop space, or future finishing possibilities, and is equipped with both a French drain and sump pump for added peace of mind.
Additional highlights include two attic access points for exceptional storage, two convenient entrances to the backyard, and a roof that's approximately 14 years old. Being offered strictly As-Is, this lovingly maintained home presents an outstanding opportunity for buyers ready to personalize a solid, spacious home in one of Cherry Hill's most sought-after neighborhoods. Bring your vision, add your personal touches, and unlock the incredible potential this Knollwood gem has to offer!
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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 27, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | Listed by BHHS Fox & Roach-Moorestown | $455,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017