404 SAINT JOHNS
About This Property
Welcome to 404 Saint John's Drive, on a quiet street in the popular neighborhood of Barclay. The 3-bedroom, 2 full bath rancher home has been lovingly cared for and is ready for its next family! Enter the foyer to a large family great room with sparkling hardwood floors, gas fireplace, exposed beams, and beautiful replacement windows that stream in sunshine and offer views of the lovely landscape. The kitchen boasts: Wood cabinets, quartz counter tops, decorative backsplash, large pantry and a multifunctional center island that faces a wall of new windows overlooking the private back yard. The dining room is open to the kitchen and the family room for easy entertaining. The dining room offers access to the private deck for outdoor leisure, play and relaxation. Off the kitchen you will find the bonus room, which is currently being used for crafting. This room has endless options and could also be a home office, children's playroom etc. It leads to a laundry room with abundant storage space. The large master bedroom has 2 closets and an updated master bath that includes a decorative vanity, tiled walk-in shower with seamless glass door. The 2 additional bedrooms are spacious and offer abundant closet space. 2 of the 3 bedrooms had carpeting installed in 2015 but hardwoods are intact under the carpet The second full bath was also recently remodeled with new vanity, tiled tub area and flooring. Other amenities and updates in this wonderful home include New furnace and air conditioner (2021) New sliding door to the deck (2020) New Roof (2018) New gutters, downspouts, gutter covers (2018) Ridge Vent and Chimney Repair (2015), a one car garage. Barclay is centrally located in Cherry Hill and offers easy access to restaurants, shopping and major highways. Your visit to this well-maintained home will not disappoint!
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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 |
|---|---|---|---|
| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Long & Foster Real Estate, Inc. | $339,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017