18 BERWICK LN
About This Property
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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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | In contract | - | |
| In contract | |||
| Jan 16, 2023 | Listed by BHHS Fox & Roach-Vineland | $319,000 | |
| Listed by BHHS Fox & Roach-Vineland | |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 15, 2022 | Listed by BHHS Fox & Roach-Vineland | $275,000 | |
| Listed by BHHS Fox & Roach-Vineland | |||
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Calling all investors! Located in Avandale West, this 3 bedroom 2 full bath property would be a great addition to your rental portfolio. All new Stainless Steel appliances (refrigerator, stove, microwave and dishwasher) added in 2021. Above ground pool, new liner 2020. Tenant in place until March 2023. Brings in annual income of $22,800. Great investment. Mass Transit close by. Easy drive to Philly and the shore. Although the house is move-in condition, it is being sold AS IS condition. Buyer is responsible for CO and all certifications. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof. Need 36-48 hr advance notice for showing. The manager has listed the unit size as 1908 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017