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403 DOWNS DRIVE
About This Property
The updated gourmet kitchen features custom cabinetry, elegant granite countertops and backsplash, a Sub-Zero refrigerator, and **two GE wall ovens, including an Advantium Speed Oven**. Under-cabinet lighting, abundant counter space, and generous storage make this kitchen both beautiful and functional.
The spacious family room features a wood-burning fireplace and provides a comfortable gathering area. The large dining room includes a beautiful built-in that adds character and functionality. The generously sized primary suite offers an impressive en-suite bath, while three additional spacious bedrooms and a hall bath complete the second floor.
Additional features include a two-car garage, beautiful backyard, and attractive stone-embedded driveway and walkway. **Recent updates include a newer roof (9/2025), New attic fan (2026), newer heater and whole-house humidifier (2/2024), water heater (2019), and central air approximately 13 years old.**
Located in the highly desirable Woodcrest community, this home offers convenient access to major roadways, shopping, dining, and Cherry Hill amenities. With its spacious floor plan, updated gourmet kitchen, hardwood flooring, beautiful outdoor space, and numerous major updates, 403 Downs Drive is a wonderful opportunity to own a well-maintained home in one of Cherry Hill's established neighborhoods.
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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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Listed by BHHS Fox & Roach-Cherry Hill | $750,000 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
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About Springdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017