2408 NEW ALBANY ROAD
About This Property
Lovingly restored and thoughtfully updated, the property offers 3 bedrooms, 1.5 baths, and just over 1,500 square feet of charm. Inside, original character blends seamlessly with modern conveniences. The dual-facing fireplace stands at the heart of the home, connecting two gathering spaces and offering both warmth and timeless style. It's a rare, one-of-a-kind feature that makes this farmhouse as unique as its story.
Step outside, and serenity takes over. The half-acre lot is fully fenced and designed for peaceful living, complete with a tranquil koi pond, dedicated trailer parking, and an original farmhouse shed dating back to the 1800s. The spacious yard invites quiet mornings, family gatherings, and moments of reflection that feel far removed from the bustle of daily life.
In a town where few reminders of the 1800s remain, this home stands alone. There is nothing else like it in Cinnaminson, and owning it means securing not just a place to live, but an exclusive and limited piece of New Jersey's past. For the buyer who values history, character, and charm, this farmhouse is an opportunity unlike any other.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Real Broker, LLC | $370,000 | |
| Listed by Real Broker, LLC | |||
| Jul 22, 2020 | No longer available | - | |
| No longer available | |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017