$695,000
●
House -
Off Market
405 LONGSTONE DRIVE
CHERRY HILL, NJ 08003
4 Beds
2 Baths,
1
Half Bath
2,258 Ft²
$4,266
Est. Monthly
About This Property
Come see this updated center hall colonial in the desirable
Cherrywood subdivision. To your left is the large formal dining
room. To your right is the very large formal living room. Both
rooms are flooded in natural light. Continue down the hall and you
will enter the open concept kitchen/family room space. The kitchen
has been updated with newer cabinets, granite counter tops, a
custom granite peninsula island with cabinetry on both sides. Large
family room features a fireplace. Just off the kitchen is direct
access to the 2-car garage and the largest Laundry/mud room.
Upstairs features 3 large bedrooms plus a master suite. The 3
bedrooms all have plenty of closet space and ample room. The
master suite features a walk-in closet and an en-suite master bath.
A/C, Roof, Shed, Deck, all new within last 4 years. New
windows installed 6 years ago. This home also has a finished
basement.
Unit Size
2,258 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,077
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Bright MLS #NJCD2115296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Coldwell Banker Realty | $649,500 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Greentree
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Listed by: Mark A Weller
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2115296
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Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2115296
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