12
Map
247 S COLES AVENUE
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Mar 15, 2024 | Listed by RE/MAX Of Cherry Hill | $340,000 | |
| Listed by RE/MAX Of Cherry Hill | |||
| | |||
|
Welcome to this charming ranch-style home, nestled in a serene and peaceful setting. As you enter, the foyer greets you with beautiful hardwood floors that flow throughout most of the home, creating a warm and inviting ambiance.
The living room is a cozy retreat, featuring a wood-burning fireplace and a big bay window that fills the space with natural light. Adjacent is the dining area, perfect for intimate meals, which leads seamlessly into the beautiful kitchen. The kitchen boasts plenty of cabinetry, a breakfast bar with additional cabinets, and stainless steel appliances, making it a chef's delight.
The family room is a highlight of the home, bursting with sunlight from tons of new windows, creating a serene and peaceful atmosphere for relaxation or entertaining.
The home offers a large master bedroom with a wall of closets, as well as nicely sized second and third bedrooms, all with great closet space. An updated full bathroom and convenient main floor laundry complete the main level.
The basement has been waterproofed with a new french drain system and provides additional storage and features bilco doors for easy access outside. Now step outside, the huge backyard is a true oasis, featuring decking, and a garden area, perfect for outdoor enjoyment and entertaining. A long driveway offers plenty of parking space.
Located in a great location, this lovely ranch offers the perfect blend of comfort, convenience, and tranquility. Don't miss out on the opportunity to make it your own!"
*Incredible Opportunity- Seller has an assumable mortgage with $140,000 balance and interest rate of 3.25%!*
| |||
| Apr 24, 2013 | Sold | ||
| Sold | |||
Property Highlights
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About Burlington
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$2,800 /mo
- 3 Beds
- 1 Bath
- 1,008 ft²
$1,400 /mo
- Studio
- 1 Bath
- 650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017