1821 W POINT DR
About This Property
Enter into the welcoming foyer and to your right is the spacious living and dining room. To your left is the half bath, and laundry room with inside access to the garage. This home boasts a beautifully updated eat-in kitchen (updated 2-3 years ago), granite counter tops, gas cooking, and pantry. Step down to the family room to find a wood burning fireplace and access to the backyard. Head upstairs to find 4 spacious bedrooms. The primary bedroom has hardwood flooring, a ceiling fan, and a beautiful updated primary bath (updated in 2023). Three additional bedrooms with hardwood flooring and another updated full bath round off this upper level. Original hardwood is found underneath the carpeting. Finished basement is newly carpeted with a well appointed mechanical room. The fully fenced in backyard is very peaceful and tranquil. You will also find a patio and a shed. There is a gas line available for gas grill/BBQ. Other notable mentions: HVAC (1 year new), Water heater (3 years) and Roof (4 years). Fabulous location!! Walking distance to Bret Harte elementary school and a short walk to the playground! This fabulous sidewalk community offers playgrounds, parks with beautiful walking trails, Willowdale swim club. Close to the Legacy Club (formerly known as the Woodcrest Country Club) for golf, dining and entertainment. Convenient to PATCO, major highways, quick access to city and shore, shopping and dining. Award winning Cherry Hill school district. Make your appointment today.
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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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Better Homes and Gardens Real Estate Maturo | $500,000 | |
| Listed by Better Homes and Gardens Real Estate Maturo | |||
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About Springdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017