250 CLEVELAND AVENUE
About This Property
The main level welcomes you with a bright formal living room and separate dining room - ideal for gatherings and holidays. The kitchen offers plenty of cabinets, ample counter space, and a sunny breakfast area that flows seamlessly into the family room. The open layout creates the perfect space for entertaining, and the gas fireplace adds warmth and charm throughout the cooler months.
The primary suite features a versatile sitting room that could easily serve as a 5th bedroom, nursery, or private home office. The primary suite is truly impressive, complete with a large walk-in closet and a separate sitting area that provides the perfect retreat for relaxing after a long day.
High 9-foot ceilings enhance the sense of space and light, while an unfinished basement with high ceilings offers outstanding potential for future expansion - whether you dream of a game room, home theater, or gym. Outside, enjoy your large, fully fenced backyard, perfect for pets and outdoor activities. Cool off all summer long in your above-ground pool, or simply relax and unwind in the privacy of your own yard. The oversized two-car garage provides additional space for vehicles, storage, or hobbies.
Conveniently located close to major highways, including Route 55 and I-295, you'll have an easy 20-minute commute to Center City Philadelphia and about 30 minutes to Delaware. Downtown Pitman's shops, restaurants, and theater are just minutes away, offering small-town charm with big-city convenience.
This wonderful home offers space, flexibility, and location - a perfect fit for anyone seeking comfort and convenience in a highly desirable area. Don't miss your opportunity to call 250 Cleveland Avenue home!
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by RE/MAX Preferred - Mullica Hill | $450,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017