4 PAPER MILL RD
About This Property
Welcome to 4 Paper Mill Rd, nestled in the heart of Cherry Hill, New Jersey. Located in the highly sought-after Old Orchard community, this stunning home is a true gem, offering a blend of modern elegance and timeless charm. Step inside this spacious residence with four bedrooms and two and a half bathrooms. Boasting over 2,000 sqft of living space, there's plenty of room for the whole family to enjoy. This home is just a stone's throw away from parks, sports fields, and the Promenade, where you'll have access to luxury stores and the best restaurants this area has to offer. You'll also appreciate the proximity to this zip code's award-winning schools, providing an excellent education for children of all ages.
Call me and my team for a private tour of this remarkable property and discover why it's the perfect place to call home. Pauline Salunga Ilagan at . Open Houses on Saturday and Sunday from 2-4PM
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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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jul 4, 2023 | In contract | - | |
| In contract | |||
| Jun 21, 2023 | Relisted | $458,000 | |
| Relisted | |||
| May 31, 2023 | In contract | - | |
| In contract | |||
| May 25, 2023 | Listed by Prime Realty Partners | $458,000 | |
| Listed by Prime Realty Partners | |||
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About Greentree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017