406 OAK AVE
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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 |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Keller Williams Realty - Marlton | $469,900 | |
| Listed by Keller Williams Realty - Marlton | |||
| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by Keller Williams Realty - Cherry Hill | $199,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Excellent opportunity to own a 4 bedroom 3 bathroom home in Cherry Hill. Whether you’re an investor or looking for a unique home to call your own. This home offers the best of both worlds with separate living spaces. The main home has a single story ranch style footprint. It has an open concept floor-plan with 3 bedrooms, 2 full baths, cathedral ceilings, see through fireplace. Adjacent, you will find a 2 story addition complete with its own private 2 story foyer entrance. This addition has a more contemporary feel boasting floor to ceiling windows each with amazing views. It is complete with a kitchen, dining room, living room, loft, full bath along with 1 additional bedrooms and another fireplace. This space would be great for an in law suite, au pair, or maybe even a duplex. The possibilities are endless! Call today for your private tour!
***This home is being conveyed in “strictly as is condition”. ***Buyer will be responsible for any/all inspections , repairs, and all certifications/ certificate of occupancy. ***Seller will not be making any repairs. There is no AC in the addition; only the ranch style side. Both sides have gas heat and hot water tank.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017