301 HIGHLAND TER
About This Property
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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%.
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by HomeSmart First Advantage Realty | $328,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| Nov 15, 2017 | Sold | ||
| Sold | |||
| Aug 24, 2017 | Listed by Century 21 Town & Country Realty - Mickleton | $249,900 | |
| Listed by Century 21 Town & Country Realty - Mickleton | |||
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One of the grand houses of Pitman on one of the loveliest streets is being sold for the first time in over 40 years. This beautiful house on a corner lot has so much charm and character. This is a home perfect for entertaining. There are gorgeous, original wood floors throughout the living room, dining room, bedrooms and walk up attic. The living room and dining room floors have teak inlays. The home has been thoroughly updated with circuit breakers, a newer roof, a tank-less water heater and a computerized gas furnace. The kitchen floor is six years old as are most of the appliances. As you walk in to the living room the natural light that comes in through the lovely glassed-in sun porch will wow you. This sunroom leads to a wrap around deck, which looks out to a spacious yard. The sunroom is zoned separately and is useable during all seasons. Walk through the living room, which includes a wood fireplace to a very spacious dining room with a built-in cabinet. The fireplace has a heatilator and can be cleaned either in the living room or at the grate in the basement. The kitchen features WOOD MODE cabinets and a built in breakfast nook that faces the deck and back yard.It is a lovely place in which to sip your morning coffee! Upstairs there are three large bedrooms, and a large bathroom. There is a walk-in closet in the hallway and also a laundry chute in the linen closet and also in a kitchen closet that goes down to the laundry in the basement. The large walk-up attic measuring 31 X 12 feet has wood floors, is finished and is currently being used as an office, playroom, and guest room but can be made into a huge master suite. "Everyone like Pitman" is the town motto and with good reason. It is a charming, historic, WALKABLE, 2 square mile town with its desirable school system. There are many traditions and events such as the 4th of July parade, Christmas parade, the Tour de Pitman bike race, craft fairs in the Spring and Fall and much more. Yet Pitman is 30 minutes from center city Philadelphia, 5 minutes from Rowan University and 45 minutes from Atlantic City.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017