24 ROBIN LAKE DR
About This Property
Nestled in partially wooded park like setting, this 5-bedroom, 3.5-bathroom home includes a spacious primary suite on the main level. Thoughtfully designed rooms include a large living room with a cozy fireplace, a formal dining area, a family room, a versatile office, and a fifth bedroom ideal as an in-law or au pair suite. The kitchen and bathrooms have been beautifully upgraded with elegant finishes, while hardwood and tile floors bring warmth and character to the main areas.
The gourmet kitchen is the heart of the home, featuring sleek cabinetry, an island with granite and floating glass countertops, and top-of-the-line appliances, including a GE Profile double wall oven and two Bosch dishwashers-a chef's dream. The expansive finished basement offers extra living space, perfect for a home theater, gym, or recreation area, along with an unfinished storage area to meet your organizational needs.
Outside, a new bluestone walkway and back patio, installed in 2016, enhance the landscaped surroundings. Trex-like decking off the kitchen, along with new side entry decks, provides ample outdoor space for entertaining or relaxation.
This Cherry Hill treasure offers a true respite from the hustle and bustle just minutes away. Meticulously maintained, the home features numerous upgrades over the years, including a brand-new roof in 2024, upgraded 200-amp electrical service, dual hot water heaters, and three-zone heating and air conditioning for year-round comfort. Located on a private road, this home blends modern convenience with serene beauty. Your sanctuary awaits!
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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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Keller Williams Realty - Cherry Hill | $849,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017