2 STRAFFORD CIRCLE RD
About This Property
Upon entering, you are greeted on either side by a formal sitting and dining room; complete with crown molding.
The dining room leads into a brightly-lit updated kitchen. The kitchen boasts of stainless steel appliances, custom cabinetry, a wet bar, granite counter tops, two skylights, a pantry and an eat-in breakfast area. Laundry and a half bath can also be located on the main floor.
There is an exterior side entrance which leads to the mud room. The first floor also includes a bedroom with an updated ensuite bathroom.
Before venturing upstairs, get cozy in the family room with exposed beams and a brick wood-burning fireplace. Off of the family room, you will also find a three seasons room; surrounded by glass sliding doors leading out to an extended deck. This space is ideal for all of your entertaining needs!
Upstairs you will find a primary ensuite; complete with walk-in closet and an updated bathroom. Three additional bedrooms and a full bathroom are also on the second floor. The attic with pull-down stairs provides additional storage space.
The partially finished basement also provides an abundance of bonus and storage space. There is a two car attached garage.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 7, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | In contract | - | |
| In contract | |||
| Aug 17, 2023 | Relisted | $649,999 | |
| Relisted | |||
| Jul 21, 2023 | In contract | - | |
| In contract | |||
| Jul 10, 2023 | Listed by Weichert Realtors-Haddonfield | $649,999 | |
| Listed by Weichert Realtors-Haddonfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017