234 ELMER AVE
About This Property
Prepare to be impressed by the extensive renovations, including a brand-new roof with a 15-year warranty and a new HVAC system with central air for optimal comfort year-round.
Upon entering, you'll be greeted by a warm and inviting living room, creating an ideal space for relaxation or entertaining guests. Just steps away, you'll find a completely remodeled kitchen, boasting abundant storage and a cozy dining area, perfect for intimate meals with loved ones. The thoughtfully redesigned layout exudes contemporary charm, providing a delightful space for culinary creations and culinary adventures.
The two well-appointed bedrooms offer ample space for restful nights and personal retreats, while the full bath showcases all new fixtures and a soothing color palette, creating a spa-like ambiance.
But that's not all!
Adjacent to the home, the garage features two separate rooms, ready to be transformed into whatever suits your needs. Whether you envision an in-law suite, a shed, a game room, or an office with a dedicated space for client meetings, these versatile rooms offer an additional 215 square feet of potential living space. Storage will never be a concern, thanks to the attached 1-car garage, providing ample space for all your belongings. Plus, we've taken care of the driveway, ensuring safety and functionality.
Step outside onto the brand-new deck and admire the freshly seeded backyard, a perfect area for hosting gatherings with friends and family during the upcoming holidays.
Location is key, and this home delivers on all fronts. With easy access to Interstate 76, commuting into Philadelphia is a breeze, making your daily travels stress-free. Additionally, you'll appreciate the close proximity to a variety of retail stores, restaurants, and convenient amenities, ensuring that all your needs are just minutes away. Talk a walk down to Runnemede Lake Park or stroll along Big Timber Creek
Don't miss out on this true gem of a home! Its bright and airy ambiance is sure to bring you joy and comfort. Seize this exceptional opportunity and make this delightful ranch your own. Schedule a viewing today and embrace a lifestyle of ease and contentment in this exceptional residence.
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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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | In contract | - | |
| In contract | |||
| Jun 24, 2023 | Listed by Sure Sell Real Estate | $238,888 | |
| Listed by Sure Sell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017