182 READING AVE
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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.
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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Weichert Realtors-Cherry Hill | $295,000 | |
| Listed by Weichert Realtors-Cherry Hill | |||
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 20, 2020 | Listed by BHHS Fox & Roach-Marlton | $149,900 | |
| Listed by BHHS Fox & Roach-Marlton | |||
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Great starter home in the heart of Oaklyn. Yes this home needs some work but all of the major systems have been done. Updates include, roof replaced 2016, new gutters in 2016, new driveway, new kitchen and basement windows, new basement stairs and rear door, new HVAC 2019, bathroom updated in 2017, basement vapor drain system 2019, new washer & dyer in 2017, new stainless steel dishwasher and refrigerator. The home features red pine flooring. On the second floor you will find 3 large bedrooms and a play a play/office area. The large backyard is fully fenced. The property is being sold in "AS-IS" condition. Buyer will be responsible for obtaining the CO and any/all township required repairs. Agents please complete the COVID 19 certification for property showings prior to showing and submit to the agent. Seller Disclosure & COVID 19 Certification can be downloaded from documents. Property is available to show for back up offers.
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About Oaklyn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017