401 LONGSTONE DR
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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 18, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $314,900 | |
| Listed | |||
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The Deal You've been waiting on!!Opportunity Knocks with this spacious 4 Bedroom 2.5 Bath Colonial in the popular Cherrybrook Section of Cherry Hill's EAST side! This home is located on a large corner lot with side entry garage on Longstone. Front of home on Apley. Enter the roomy foyer leading to a large formal living room with that leads to a formal dining room giving you views of both the front and rear yards. The spacious Eat In Kitchen with New Appliances, Range, Microwave hood and Refrigerator all stainless steel offers plenty of space to fix those gourmet meals or entertain a grand crowd! Kitchen also features lovely laminate flooring in a grey scale, an pininsula work space and pantry as well as a work station and large eating area with a slider to access the rear deck and spacious fenced back yard. Step down family room with laminate flooring, brick fireplace, wet bar, powder room and access to the mud room with side entry and access to the oversized 2 car attached garage round out the first floor. Lower level offers a finished "Man Cave" space, and Large Game Room. You will also find the mechanical room on the lower level that houses the newer Reem Heater under 5 yrs old . 3 yr old sump pump and updated Electrical Panel (under 10). Central Air Conditioner is also under 5 yrs old. Up to the second level is where you will find the 4 spacious bedrooms. The Master with double door entry, super long front to back closet that is a walk thru, laminate flooring, volume ceiling and accent lighting. The Master Bath with a soaking tub, stall shower and double vanity are sure to please. Hall bath has also been updated, new closet doors on remaining 3 bedrooms and laminate flooring! This home with its updated mechanicals is sure to please! Sellers have completed a termite treatment (7/17) and will provide CO from Cherry Hill Twp. Priced for a quick sale, being conveyed as is Buyers are responsible to any/all repairs/cosmetics! What a deal, dont miss it.The manager has listed the unit size as 2705 square feet.
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| Jul 13, 2017 | Listed by Connection Realtors | $314,900 | |
| Listed by Connection Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017