305 WESTMONT AVE
About This Property
You are greeted in the front foyer by custom built-in cabinetry and Carrara marble chevron tile floors. The family room boasts of original hardwood floors, a bay window and cozy sunroom alcove.
The family room flows right into an enlarged dining room; double doors take you right outside to the extended deck.
Leading into the kitchen you will find an updated full bathroom. The kitchen highlights stainless steel appliances, subway tiling, bright white cabinetry and an extended breakfast area. Off of the breakfast area is a family room complete with damask tile floors, a gas fireplace and additional doors leading out to the deck. Laundry was updated in 2021 and is located on the main floor.
On the 2nd level, you will find four bedrooms. The full bathroom is updated with a jacuzzi tub and subway tiling. On the 3rd level, you will find an additional 3 bonus rooms which can be used as a home office, gym, recreation room or converted into additional bedrooms. There is also a full bathroom on this level.
The basement was fully finished in 2020; including a french perimeter drain and plenty of additional living and storage space.
Just when you think it couldn't get any better....an in-ground pool and hot tub await you! Fully fenced-in for privacy and an enlarged deck await you for all of your entertaining needs! The pool seal, filter, pump, and resurfacing have all been updated and maintained within the last two years.
This home is located just minutes from the PATCO train station (a quick trip into Philadelphia), historic Haddonfield downtown shopping and restaurants, Tavistock Golf Course and award-wining schools.
Exterior was painted in 2018. Interior was painted in 2021. All doors and doorknobs are original. Updated light fixtures.
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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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Sep 27, 2023 | In contract | - | |
| In contract | |||
| Aug 30, 2023 | Price Decreased |
$949,900
↓ $50K
(5%) | |
| Price Decreased | |||
| Aug 17, 2023 | Relisted | $999,999 | |
| Relisted | |||
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About Haddonfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017