400 RANCOCAS AVE
About This Property
Corner Lot!
Approximately 3000+ finished sq. ft!
Wonderful opportunity for the handy homeowner, looking to build equity by improving and updating this spacious single family! Just 5 homes from the Chester Avenue AA ball park and playground, this property offers 4-5 Bedrooms and 2.5 Baths, along with dual front entries, Fenced in backyard with above ground pool, rear patio with retractable awning, Finished Basement with wet bar, Main floor Laundry and a large Kitchen featuring an island with Quartz counters. Open concept first floor, formal Dining area, Living room with corner electric Fireplace. Second floor Primary Bedroom suite offers 3 closets it's own Full Bath. Electric wall heaters were added to supplement throughout several of the rooms including the basement. Roof replaced in 2022 and solar panels added. Detached Garage, window/built in AC units, 200 amp electric, and gas heat. The entire property is being sold in strictly as-is condition and buyer is responsible for obtaining Twp CO, however seller is including a 1 year HSA home warranty. There really is SO much potential for increased value with a some vision, paint, and elbow grease! Could be a fantastic opportunity as well for an investor looking to flip or hold and rent.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | In contract | - | |
| In contract | |||
| Sep 20, 2023 | Listed by BHHS Fox & Roach-Moorestown | $310,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| May 15, 2020 | Listed by Shirley Rossi Realty | $234,750 | |
| Listed by Shirley Rossi Realty | |||
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.THIS PROPERTY IS NOW BEING OFFERED AS A SHORT SALE You will need the mortgage company's approval.Lovely to look at but very special to own!!This amazing home with Victorian flair has a lot to offer. As you enter the living room with its natural original woodwork which is throughout the home. The dining room is stunning and spacious just waiting for those special family affairs. As you enter the kitchen you will be amazed by the size. Plenty of room for an eat-in kitchen, center island, All appliances are included. Adjacent to the kitchen is the laundry area, powder room and a nice area for those coat racks and other extras. If you need a first floor bedroom, there is one, OR if you need a great room or a really special man cave this home has has one and it is more than you can imagine-- with so many possibilities. The extremely large room Man-Cave has room for a pool table, tv, your own game and card table area, a fireplace and so much more. There is no need to go on vacation when you can have your own vacation in your rear yard which has a cozy relaxing patio area that has an automatic awning for those rainy and sunny days. Enjoy yourselves with the privacy of a 6' vinyl maintenance free fence providing privacy, There is an above-ground pool and room for all those yard games. Second floor consists of 4 bedrooms. The attic is floored and could be another bedroom. Windows have been replaced in the home, there is a 200 amp electric service, gas hot water heater, gas heat and a full basement and so much more. Baths have been updated, carpeting in many rooms, painted walls, ceiling fans throughout and a lot more. This lovely home is in nice condition and a pleasure to show. It is located near light rail line, Route 130, and walking distance to town shops. Truly a must see home...........
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017