40 OAK AVE
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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 |
|---|---|---|---|
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Feb 10, 2024 | Listed by RE/MAX ONE Realty | $1,344,999 | |
| Listed by RE/MAX ONE Realty | |||
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Feb 14, 2022 | Listed by Compass New Jersey, LLC | $1,200,000 | |
| Listed by Compass New Jersey, LLC | |||
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Welcome to 40 Oak Avenue. This architectural masterpiece will meet the needs of the most discerning buyer. The seller has upgraded the entire home with over $400,000 of recent improvements and finishes. The slate walkway will lead you to the home with covered porch and custom wood front door. The stone elevation and recently painted stucco creates the classic look. The grounds are perfectly manicured and there are different blooms each week of the season.The 2 story foyer leads you to the open concept floor plan. This home is the entertainers dream. The formal dining room has French doors leading to the porch. The wainscoting, chair rail and ceiling detail complement the room. The heart of the home is the recently remodeled kitchen. The full overlay self closing white cabinets and gorgeous quartzite counters are a fabulous looking. The kitchen is a great working kitchen with oversized island, all newer stainless appliances including cook top and subzero refrigerator.The Bar area has glass cabinets and a beverage refrigerator. The breakfast area has a wall of windows overlooking the resort yard. There is a coffee bar and laundry room off the kitchen. The great room has 22ft ceilings, French doors with palladium windows. The natural light is amazing. The focal point of the room is the fireplace with custom mill work and built ins. The majority of the home has wide plank solid hardwood floors in a rich walnut stain. The first floor primary suite resembles the 4 Seasons. The tray ceiling with lighting and French doors to patio illuminate the suite. The luxurious bath has 2 vanities, a make up vanity, stall shower and soaking tub. The rich white cabinets have marble tops. 2 walk in closets complete the suite.The first floor power room is totally updated with newer cabinets. The first floor office has custom built ins and wainscoting. The dramatic turned hardwood staircase leads to the 2nd floor. There is a 2nd floor den that could be expanded to add a full bath to create a 5 th bedroom. The other 3 bedrooms are nicely sized and beautifully decorated with walk in closets.The Jack and Jill bath has a bead board accents, double sinks and crisp white tile. The prince or princess suite has custom tile tub surround and flooring.The fully finished basement has a recreation room, wet bar, game room, gym and a full bath. The wine cellar has just been added and can accommodate over 2500 bottles of wine. The resort backyard has manicured gardens, a newer outdoor kitchen, and a pool house with kitchen and full bath. The brick patio overlooks the stunning blooming grounds. The heated salt water pool and hot tub have a safety fence around it. The paver pool
Apron is a great place to relax. The covered porch has sunshades for summer and winter. The details if this home are amazing. Pella doors and windows, custom molding and Masonite doors with updated hardware all newer hardware, lighting, built in sound system in and out, a key system to lower foyer light, Newer HVAC on 1 st level. The home has been freshly painted in Anew Gray. The molding, millwork, cabinetry must be seen to be appreciated. The location of this home is great, close to downtown Haddonfield, and an easy commute to Phila and shore points.
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| Aug 9, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017