16 FENWICK DR
About This Property
Welcome to Fenwick Park! This spacious 2 Bedroom 2 full bath colonial home located in the beautiful Fenwick Park features a Large Living Room with beautiful hardwood floors, sought-after built-in shelves, ample natural light, and an all-desired center-focused wood-burning Fireplace.
The warm and inviting Dining room awaits your dinner guests, conveniently located with direct access to the spacious kitchen, which features ample storage space.
The second level of this home host two generously sized bedrooms, a full bathroom, and an extra room that can be used as an office space, playroom, or an extra-large walk-in closet.
You will find yet another full bathroom in the finished basement, and a suitable Laundry room with extra storage space. The one-car garage is also favorable, as it is accessible from inside of the home.
This well-treated home is move-in ready, and features brand new gutters, 7 new windows, a new storm door, fire pit, deck, and new tile in the foyer, newly finished basement and molding, all new landscaping and Niagara trees bordering the property, newly cleaned air ducts, and is even newly power washed! What more could you wish for?
If that is not enough, you will be ecstatic to hear that the roof was replaced in 2017, and the 25-year loan solar panels come with full ownership at the end of their loan term! The new owner will receive $736 back annually. for 15 years.
This move-in-ready property is advantageously located near major highways and bridges, it is being sold in as-is condition, with the buyer responsible for all inspections, certifications, and repairs. Priced to sell fast!
- The basement television is included in the sale of this property and is one year old, and the kitchen sink will have a brand new faucet installed.
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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 |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by RealtyMark Properties | $209,000 | |
| Listed by RealtyMark Properties | |||
| Jan 13, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by American Dream Realty of South Jersey | $145,000 | |
| Listed by American Dream Realty of South Jersey | |||
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This property has signed contracts. Look no further for a SPACIOUS 2 Bedroom, 2 full Bath colonial in the beautiful Fenwick Park. As you enter the home, you immediately feel the charm and appeal of this beautiful property. Large Living Room features hardwood floors, built in shelves, neutral decor, natural light & center focused wood burning Fireplace. The nicely appointed Dining room awaits your dinner guests. Spacious Kitchen with plenty of cabinets and storage space. Upstairs you will find 2 generously sized Bedrooms, and an extra room which could be used as an office, play room or extra large walk in closet, and a full bath. Beautiful Hardwood floors. The Basement is partially finished and includes another full Bathroom. The unfinished area of Basement has a convenient Laundry room and more storage. One car Garage with inside access. Property recently had NEW roof installed. Conveniently located to major highways and bridges. This home is move in ready and in great condition. Property being sold in as is condition with buyer responsible for all inspections, certifications, repairs, and obtaining CO. Priced to sell, this one won't last!
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| Jan 21, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017