271 FELLOWSHIP RD
About This Property
Walk up to find nice yard space with huge expanded driveway. Enter the home to find spacious foyer, on the same level, you will find a bonus room, additional bedroom, full bathroom and laundry room. Walk up a few steps to find sun filled and spacious living room leading to the kitchen and dining room. The kitchen features wood cabinetry, spacious island, stainless steel appliances, crown molding, tile backsplash, granite countertop, and recessed lighting.
Upstairs, you will find 2 nice size bedrooms sharing a hall bathroom, and a master bedroom with a full bath. In the finished basement, you will find more rooms, perfect for your storage or office use, and on the same level, an additional full bathroom.
This home features newer roof (2023), newer AC, hardwood floor, recessed lights and fresh paint throughout. Conveniently located within minutes to all major highway, route 38, 73, turnpike, bridges, markets, restaurants and shops. Excellent opportunity to purchase this unique home and make it your own. Priced to Sell! Schedule your private tour today.
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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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Mar 13, 2024 | Listed by Keller Williams Realty - Cherry Hill | $550,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017