227 IVY RD
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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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by Coldwell Banker Realty | $219,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Welcome to 227 Ivy Road. This three-bedroom rancher is the perfect spot to call home. Making your way in the front door, you will see the beautiful real hard wood floors installed in 2018, throughout the living room and hallway areas. Off the living room is an additional space that was converted from a garage and can be used as an office, playroom or whatever you want it to be. The large eat in kitchen, which was updated in 2018, has a generous amount of counter space to spread out, as well as beautiful cabinets that are large enough to hold all your things. Completing the main floor are three bedrooms and large full bathroom. Need more space... the full basement is ready to be finished off to add additional room for a den, office, etc. The newly installed sump pump and French drain in 2018 will keep the basement dry. New HVAC and hot water heater installed in 2015. Looking for outdoor space... this backyard has endless possibilities and plenty of room for entertaining. Fully fenced in and room for a pool, trampoline or anything you want to add. The custom-built shed was installed in 2018 and perfect to store all of your outdoor equipment. Home is being sold as-is, however seller will take care of obtaining the certificate of occupancy from Edgewater Park Township. This home is conveniently located to all major highways, shopping and only 20 minutes from Philadelphia. Make your appointment today because this home will not last.
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| Mar 22, 2018 | Sold | ||
| Sold | |||
| Nov 27, 2017 | Listed by Weichert Realtors-Burlington | $144,777 | |
| Listed by Weichert Realtors-Burlington | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017