28 SMITH LANE
About This Property
From the moment you arrive, the charming covered front porch, classic gray vinyl siding with black shutters, and manicured landscaping set the tone for what awaits inside. Built in 2019, this 3-bedroom, 2.5-bath colonial offers modern construction quality with thoughtful upgrades throughout.
Step inside to a bright, open-concept main level where rich hardwood flooring flows seamlessly from the spacious living room into the stunning kitchen and dining area. The chef's kitchen is a showstopper - featuring gleaming granite countertops, white shaker cabinetry, a large center island with bar seating, stainless steel appliances including a gas range and French door refrigerator, subway tile backsplash, and stylish pendant lighting. Sliding glass doors off the dining area lead directly to the backyard, flooding the space with natural light. A convenient first-floor laundry closet and tasteful powder room round out the main level.
Upstairs, the spacious primary suite offers a ceiling fan, walk-in closet, and a private en suite bath with a glass-enclosed shower. Two additional well-sized bedrooms share a full hall bath with a tub/shower combo. The unfinished basement provides tremendous bonus space - perfect for a home gym, workshop, or future finishing.
Outside is where this home truly shines. The beautifully landscaped, fully fenced-in backyard features an impressive paver patio ideal for entertaining, plus a storage shed for extra space. Car enthusiasts and hobbyists will love the attached garage AND the oversized detached garage in the backyard - insulated with radiant barrier sheathing, finished flooring, and electricity - a true dream workshop or man cave.
With easy access to I-295, the NJ Turnpike, Route 42, and just minutes from Philadelphia, this move-in ready gem checks every box. Don't miss it!
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 26, 2026 | Relisted | $424,900 | |
| Relisted | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Runnemede
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017