28 CHERRY RUN RD
About This Property
Welcome to your dream lakeside home, where tranquility and convenience blend seamlessly. This charming property offers:
Features:
1 Bedroom, 1 Bathroom: Ideal for a serene getaway or cozy living.
Beautiful Oak Floors: Adds warmth and character to your living space.
Storage Loft: Extra space for all your storage needs.
Detached Garage: Keeps your vehicle safe and provides additional storage.
The seller has done the well, the septic, and the termite.
Buyer responsible for the CO
Working Fireplace: Enjoy cozy evenings with split oak wood and logs provided.
Mature, Arbored Trees: Provides natural beauty and shade.
Parking for 4-6 Cars: Ample space for you and your guests.
Private Lake Community: Enjoy the privacy and exclusivity of lakeside living.
Golf Cart and ATV Pathway: Easy access to the lake for your recreational vehicles.
HOA Amenities:
New Private Roads: Ensures smooth and easy access to your home.
Community Pavilion: A great place for gatherings and social events.
Seasonal Social Events: Engage with your neighbors and build a sense of community.
Lake Access: Swim, fish, and canoe right from your backyard.
Service Opportunities: Get involved and contribute to the vibrant community.
This lakefront retreat offers the perfect blend of peaceful living and community engagement. Whether you're seeking a quiet escape or an active lifestyle, this property provides everything you need.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Weichert Realtors-Turnersville | $215,000 | |
| Listed by Weichert Realtors-Turnersville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017