316 W 3RD STREET
About This Property
Beautiful curb appeal welcomes you with gentle landscaping, off-street driveway parking, and a 2-car attached garage. Step inside to a bright 2-story foyer and a neutral palette complemented by luxury vinyl plank flooring throughout. To the left, a sun-filled living room offers a transom window and French doors leading into the formal dining room with a rear slider that pours in natural light. To the right, a private office (or potential guest bedroom) features its own set of doors for quiet separation.
The stunning, remodeled kitchen is a true showpiece featuring a Cafe stainless appliance package, a massive 10' quartz island with built-in microwave, farm sink, and a huge double pantry. There's also plenty of room for casual dining. The kitchen overlooks the step-down family room with a vaulted ceiling, mudroom/garage access, and a second rear patio door for seamless indoor-outdoor entertaining.
A full bathroom on the main level lends flexibility - perfect for converting the office into a guest suite if desired.
Upstairs, you'll find four generously sized bedrooms and two full baths, including an impressive primary retreat. The oversized primary bedroom includes a walk-in closet and a fully renovated, magazine-worthy bathroom offering a soaking tub, dual sinks, custom tiled walk-in shower, and separate linen and toilet closet.
Additional highlights include: - Custom lighting throughout - Luxury vinyl plank flooring on both levels - Second-floor laundry - Pull-down attic stairs for extra storage - Concrete crawl space and rear storage shed - Sleek, updated black door hardware - Nest smart thermostat - Recently added gutter guards
Major system updates provide peace of mind, including a roof and HVAC that are just 3 years old. Cosmetic enhancements elevate the home's style while big-ticket upgrades ensure long-term confidence. To complete the package, a 1-year HSA home warranty is included. Move-in ready, meticulously maintained, and beautifully improved - all within minutes of downtown living at its best. Don't miss it!
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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.
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About Moorestown-Lenola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017