202 SULLIVAN DRIVE
About This Property
The home's versatility continues with a fully finished walk-out basement, pre-plumbed for a third full bathroom, offering endless possibilities for a gym, guest suite, or entertaining space. Step outside to a backyard that looks like it belongs in a magazine-a stamped concrete patio with a vinyl pergola, split-stone columns, and space for a hot tub overlooking your private one-acre lot create an unforgettable outdoor retreat.
Additional peace of mind comes from a five-year-old roof, a two-zone high-efficiency Lennox HVAC system, and a brand-new tankless hot water heater. All of this is located in highly desirable East Greenwich Township, within the award-winning Kingsway Regional School District-a perfect blend of luxury living and an exceptional community setting.
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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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Real Broker, LLC | $699,900 | |
| Listed by Real Broker, LLC | |||
| Mar 8, 2013 | Sold | ||
| Sold | |||
| May 9, 2012 | Listed by RE/MAX Preferred - Mullica Hill | $318,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
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Great house located in a sought after neighborhood. This home shows well and should be seen. It offers a master suite and a huge walk in closet!! The basement features a walkout and is ready to be finished. On the main level you will find a nice sized kithcen and family room. The main lvel also features a study. Come see for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017