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218 GLENWOOD RD
About This Property
home built in 1929 has a covered porch which brings the timeless charm in and still remains the carefully crafted architectural features. From the classic columns to the intricate woodwork, every element whispers the elegance of a by gone era, providing a warm and inviting space. Enjoy the splashing of the rain drops on the porch on those warm nights while viewing the surrounding historic beauty delights. Inside you will be greeted with many new finishes and an open concept. Having 3 bedrooms and 1.5 bath with this versatile blank slate of neutral colors, will appeal to a wide range of tastes and preferences and gives a small family ample space and functionality for entertaining. Enjoy the warm fireplace featured with marble surround and the ship-lap to keep the charm and create memories around the holidays, then grab your favorite beverage and chat around the heart of the home. This space is a welcoming layout and has been updated with all new appliances, luxury vinyl flooring, pantry, white cabinets and a stylish backsplash to enjoy while having your daily meals. Whether you choose to have a formal dining room in the next room or relax as a family in this room, this area is a fit for all. Finish off you meals and relax on your new deck and view the spacious yard. Rounding out the first floor is a new powder room, storage space, generous sunlight, all new flooring and new lighting. The second floor greets you with the original hardwood floors that have been meticulously restored, showcasing timeless elegance and warmth in all three bedrooms. The careful restoration process has brought out the natural beauty of the wood, enhancing the character of each room with plenty of unique closet space. and great light. On this level the main bath received a whole new face lift with an added linen closet. Ease down to the unfinished basement that has many possibilites to fill your ideas for an office, playroom or just a quiet space once finished. Enjoy the homes exterior where you can show off your gardening techniques around the retaining wall and adorn your beautiful burst of color once spring is here. King of Prussia is a delight to live in, with low taxes, great shopping, plenty of dining and easy access to all major arteries. Book your showing today as this little gem will not last long. This property has two parcels.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 12, 2024 | Sold to Amanda Tomlinson, Edward Ph... | ||
Sold to Amanda Tomlinson, Edward Ph... | |||
Jan 15, 2024 | In contract | - | |
In contract | |||
Jan 3, 2024 | Price Decreased |
$489,900
↓ $10K
(2%) | |
Price Decreased | |||
Nov 19, 2023 | Listed by Realty One Group Restore - BlueBell | $499,900 | |
Listed by Realty One Group Restore - BlueBell | |||
Oct 5, 2023 | Sold | ||
Sold |
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About Montgomery
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