350 9TH 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 |
|---|---|---|---|
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Century 21 Alliance-Cherry Hill | $197,000 | |
| Listed by Century 21 Alliance-Cherry Hill | |||
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Century 21 Alliance-Cherry Hill | $149,900 | |
| Listed by Century 21 Alliance-Cherry Hill | |||
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Investor Alert! Immediate Occupancy, Double Lot!!! Great Location! Being conveyed completely AS-IS. This adorable 2 Bedroom, 1 Bath ranch style home is located in the much desired Garden Lakes section of Lindenwold. Great Opportunity for Buyer to come in to update, remodel and maybe even expand? Hardwood floors throughout were covered by carpet for years so they are in pretty good shape. Driveway has off street parking for multiple vehicles. Attached storage shed adjoining side door of house. Estate sale, so no actual records to confirm this, but the furnace, water heater and roof were believed to have been replaced around 2009? Extra large property with as-is shed. This fixer-upper house is being sold along with the adjoining 50x100 lot. (block 00202, lot 00009 01, separate tax bill of $382.80 for 2021) Total property size with both lots combined is 100x100. Buyers responsible for confirming any and all use for any development or expansion on this lot. House being sold As-is, so Buyer also responsible for any and all Certifications, inspections, Borough CO, smoke cert, mortgage & appraisal related repairs, etc., etc. This affordable "Diamond-in-the-Rough" just needs a new buyer to remodel this house to make it their new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017