216 WALT WHITMAN BLVD
About This Property
The first floor is completed with an oversized dining room that offers versatility to be an office/extra bedroom/bonus room and is adjacent to a remodeled half bath that has the potential to be altered to a full bath.
On the upper level, you will find hardwood floors, three spacious bedrooms and a Jack and Jill bathroom connected to the primary bedroom.
Approximately 550 square-foot of the basement has been freshly remodeled and does not feel like a basement at all! It includes a large picture window which overlooks the backyard offering tons of natural light into this versatile space as well as fresh carpeting, and recessed lighting. Lots of additional potential in the basement with bilco doors that could be altered to a true walk out and an ideal space to add a half bath. The unfinished section of the basement includes new washer/dryer and tons of storage space.
Location is key as this home is a short walk to the elementary school, close to local swim clubs, minutes to major roadways including 295, and the Patco high speed line. Do not miss out on making this one your new home!
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Listed by Weichert Realtors-Medford | $449,000 | |
| Listed by Weichert Realtors-Medford | |||
| Jun 29, 2017 | Sold | ||
| Sold | |||
| Mar 20, 2017 | Listed by Dove Realty LLC - New Jersey | $229,000 | |
| Listed by Dove Realty LLC - New Jersey | |||
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JUST REDUCED PRICE!!! Welcome Home! This home in Cherry Hill is waiting for you. House is located near shopping and high speed line to Philadelphia, minutes drive to 295 exit 31 or 32. Main level features living room, dining room, family room with fireplace and large eat-in kitchen with partial bathroom. The upper level has 3 bedrooms with one full bathroom. There is some major update included 7 years old new roof, new sewer line and high efficiency gas heater and A/C unit, make your appointment and bring all offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017