$496,000
●
House -
Off Market
27 LANTERN LN
CHERRY HILL, NJ 08002
4 Beds
3 Baths,
1
Half Bath
2,352 Ft²
$493,159
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
This gorgeous home has just been completely renovated and is now
ready for new owners. You won't be disappointed. The kitchen
features stainless steel appliances including 5 burner gas stove,
microwave, 3 door refrigerator and dishwasher. The kitchen is open
to the DR, family room, and also to the huge sunroom. You'll love
spending relaxing hours in the large sunroom. The living room
features a triple window to bring in a lot of natural light. The
family room has a bay window - a perfect place for an indoor
garden. Upstairs you will see beautiful hardwood floors and two new
bathrooms. The finished basement will offer space for work and/or
play. The garage offers lots of storage, including shelving.
Washer, dryer and central vac are all being sold in as-is
condition.
Unit Size
2,352 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$210
Property Type
House
Property Taxes
$774
HOA Dues
-
Year Built
1964
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #NJCD2055004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | In contract | - | |
| In contract | |||
| Sep 18, 2023 | Listed by Lichtman Associates Real Estate LLC | $495,000 | |
| Listed by Lichtman Associates Real Estate LLC | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cherry Hill Mall
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Listed by: Sandra Lichtman
Lichtman Associates Real Estate LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJCD2055004
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Lichtman Associates Real Estate LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJCD2055004
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