3209 READING AVE
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%.
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 |
|---|---|---|---|
| Jun 20, 2019 | Sold | ||
| Sold | |||
| Apr 6, 2019 | Listed by Keller Williams Realty - Cherry Hill | $280,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Century 21 Frick Realtors | $85,000 | |
| Listed by Century 21 Frick Realtors | |||
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MULLICA TOWNSHIP. Motivation and urgency to sell create incredible investment opportunities!!! Needs repair, renovation, but potential for this home is present. 2,058 square foot, 4-bedroom, 2 1/2-bath home with basement and garage. Refresh this potential gem with some loving care, attention, renovation and repair. Propane gas for water heater, cooking and clothes dryer. Oil heat with tank located underground. South Jersey Gas service may be available for connection. Ducts are in place for central air installation. Final sale will need owner's lender to agree to short payoff. Property will be sold in "as-is" condition. School attending residents will go to Mullica Township schools and Cedar Creek High School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017