2502 LENOLA RD
About This Property
You'll be impressed with the updated eat in kitchen with granite countertops, abundance of cabinets with soft close drawers, stainless steel appliances and breakfast nook looking out on the spacious fully fenced backyard!
Just off the kitchen is a large family room with brick, gas burning fireplace and bar area. Perfect for entertaining!
A powder room and laundry room round out the first floor. Downstairs is the large finished basement, great for play area, home office, man cave, whatever you can think of. The second floor boosts a large main bedroom with en suite bath with stall shower along with two other ample sized bedrooms ( there are hardwood floors under the carpets) and another full bath. There is also walk in access to an oversized attic area, no need to worry about storage this home has two attics!
The property boasts an expansive fenced in yard with storage shed.
The home is an estate sale and being conveyed in as is condition. Great location close to Philadelphia, shore points, major, highways, schools, shopping and dining. You'll definitely want to put this on your list of homes to see.
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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 10, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by Keller Williams Realty - Moorestown | $400,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Jan 11, 2023 | No longer available | - | |
| No longer available | |||
| Jan 6, 2023 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Dec 27, 2022 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017