321 MONROE AVE
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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.
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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 |
|---|---|---|---|
| Mar 26, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by RE/MAX Of Cherry Hill | $257,500 | |
| Listed by RE/MAX Of Cherry Hill | |||
| Apr 28, 2016 | Sold | ||
| Sold | |||
| May 22, 2015 | Listed by RE/MAX Of Cherry Hill | $182,500 | |
| Listed by RE/MAX Of Cherry Hill | |||
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This has the LARGEST Family Room (20ft) in it's price range! You will love the Family room with vaulted ceilings, palladium window, clean gas fireplace (real nice heat), built in bookcases and window seat. Lot's of room here (1700+ sq ft) for the money! Updated! 3 Brs and 1.5 baths, 2 Story Colonial. Large deck off the Family Room, overlooks the park like setting. In the yard, you have a shed, fence and Great Sun. The house has vinyl exterior, sprinkler system in the front, and covered carport. The master bedroom has 2 double closets, AND a walkin closet! (10x5 doubles as an "office"). The 1st floor has a front entrance and side entrance. The bathrooms and foyer have ceramic tile. There is an alarm system, Pull down stairs for attic storage, ceiling fans, updated kitchen and baths have granite counter tops, newer gas heat, cen air, & h/w heater, and added attic insulation for low utility costs. plenty of off street parking on the double wide driveway. This is close to Cherry Hill Mall, award winning Cherry Hill Schools (choice East or West HS), Immaculate and Shows beautifully!
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Property Highlights
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Price/ft²
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About Cherry Hill Mall
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017