24 SYCAMORE DR
About This Property
to the wood burning fireplace with custom built shelving in the family room. There is also a nice sized living room, dining room and an eat in kitchen. PLUS a full finished basement that can be utilized as a game room, office, or even a home gym with the extra high ceilings to accommodate various gym equipment. But that's not all, as you can find yourself in warmer weather grilling in the backyard while the family and friends entertains themselves with a game of hoops followed by a refreshing dip in the professionally serviced in ground pool! There is still also plenty of green space for the kids and pets to run around as well! Other amenities include: dual zone heating and cooling, newer roof, 70 gallon hot water heater, and some newer vinyl windows. The Woodridge neighborhood is located within walking distance to Freedom Park and downtown Main Street in Medford. It is also conveniently located near Route 70, giving quick easy access to the shore, major cities, and other main arteries. **Home is being Sold strictly "as is". The buyer is responsible for any/all certifications including certificate of occupancy. Seller is offering a one year HSA home, and pool warranty for peace of mind. All of this plus a two car garage tops of this lovely home resting on a third of an acre! Act fast, as homes in this desirable neighborhood don't last long!
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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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by Keller Williams Realty - Cherry Hill | $489,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017