216 NATHANIEL AVE
About This Property
Upstairs, you will find a large master suite with full bathroom and two large closets. Three additional large and sun filled bedrooms with nice size closets shares a hall full bathroom. The finished bathroom is spacious offering great entertainment space and closets with plenty of extra storage space.
The home boasts great open layout with many newer updates, including roof (roughly 10 years), hot water heater (roughly 8 years), newer garage doors, newer AC, vinyl siding (roughly 7 years), newer appliances, newer windows, newer kitchen, and newer flooring. Currently has leased solar panel with Sunrun and pays rougely $158 /month, tons of savings for many years to come. New buyer must accept and transfer existing solar panel agreement.
Excellent location, conveniently located with easy access to major highways (route 73, route 70, I-295, NJ turnpike and Philly bridges), patco, restaurants, shopping, markets, cafe, playground and everything Cherry Hill has to offer. Excellent school district in the east side of Cherry Hill, and Joseph Sharp is also a blue ribbon school. This lovely home has so much to offer, schedule your private tour today!
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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%.
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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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Listed by Keller Williams Realty - Cherry Hill | $615,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| Jun 21, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Keller Williams Realty - Cherry Hill | $475,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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This impeccable, well loved and well maintained, multi level Surrey Place East home is move in ready and will give any new owner the right mix of space, location and value! Wonderful curb appeal, well manicured and mature plantings, paver walkway and front porch leads you into a beautiful foyer with ceramic tile floors. You will love the sun filled, large eat in kitchen with new stainless steel appliances, white subway tile backsplash, ceramic tile floors and a center island with butcher block top. The kitchen also has a sliding door that opens to the oversized two level deck and a wonderfully private fenced in backyard. The living room and spacious adjacent dining room are loaded with natural light thanks to a large picture window and are a superb venue for all your festive affairs. A lower level family room offers berber carpet, a wet bar, and a full stone wall gas fireplace making a cozy space for watching television or hanging out with friends. A powder room, access to the 2 car garage and basement, and the large mud/laundry room finish off this lower level. Upstairs the master suite features two large closets and private en suite master bath. Three additional large bedrooms share another full bath. All bedrooms have ceiling fans. The finished basement has a great entertaining space and also has several large finished and unfinished storage spaces including a huge walk in cedar closet for your overflow off season clothes. Many updates to this home have already been made including roof (8 years), hot water heater (6 years), AC (3 years), garage doors (3 years), vinyl siding (5 years), appliances (2 years), windows (under 10 years). Depending on personal taste this home could be updated with a new owners touch – but simply cosmetics and is also in move in ready condition just the way it is. Has GREAT bones, incredible layout and everything functions great! Leased solar panels $157/mo– will save you tons on energy and reduce your carbon footprint. This beautiful neighborhood is located in a prime location on the east side of Cherry Hill – close to Patco and all major roadways including Rte 295 and Rte 70. Easy access to renowned restaurants, houses of worship, upscale & everyday shopping, points of interest, nightlife and recreational destinations. This one is what you’ve been waiting for so do not miss it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017