3 RHODE ISLAND AVENUE
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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%.
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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, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Keller Williams - Main Street | $325,000 | |
| Listed by Keller Williams - Main Street | |||
| Aug 22, 2014 | Sold | ||
| Sold | |||
| May 20, 2014 | Listed by Keller Williams Realty - Cherry Hill | $179,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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With pride I present this adorable Cape Cod home in Erlton North. Property features living room with beautiful hard wood floors, ceiling fan and recessed lights. Updated kitchen including: all stainless appliances, breakfast bar, tiled floor/backsplash and recessed lighting. Enjoy your meals in a brand new dining room/sitting room addition with hardwood floors and sliders to backyard. Bathroom was recently remodeled with new toilet, fixtures and tiled tub walls/floors. Main floor has two good size bedrooms also with hardwood floors, ceiling fans and new 6 panel doors. There is a master bedroom with walk in closet on upper level. Full basement partially finished with storage/laundry room area. Newer windows, doors, central air, upgraded electric, molding, siding & fresh paint throughout the property. Extremely convenient access to Philadelphia via car, bus or train. This home is definitely one you will not want to miss, it's too cute and best of all nothing to do but move in and enjoy.
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About Ellisburg
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$2,695 /mo
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017