$449,999
●
House -
Off Market
406 PRESTON RD
CHERRY HILL, NJ 08034
4 Beds
2 Baths,
1
Half Bath
1,933 Ft²
$2,210
Est. Monthly
About This Property
Just what you have been waiting for so you can just move in and
enjoy. You can just grab a drink from the refrigerator by
just opening the drink door (very convenient). Plenty of granite
countertops to prepare your meals, snacks or just grabbing a cup of
coffee to sip on the back patio. The open floor plan even
feels more spacious with the vaulted ceiling and has extra light
flowing into the living room with the skylight. Very
comfortable floorplan. With the new roof (transferable
warranty) and a new HVAC system, some big ticket items have already
been done. Refinished wood floors throughout most of the
house make for easy care. For all those electric car owners,
there is a car charger in the garage (you can get credits on your
electric bill). Even though the house is being sold "as is",
you will appreciate and love what has been done.
Unit Size
1,933 Ft²
Days on Market
29 days
Land Size
0.24 acres
Price per sqft
$233
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1955
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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: 3 years ago (Bright MLS #NJCD2071028)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by RE/MAX ONE Realty-Moorestown | $449,999 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by Coldwell Banker Realty | $319,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome! This spacious front to back split level home is just what you've been looking for. You will love the open floor plan, the vaulted ceilings and skylites that allow the sunlight to flow in. Preparing meals in this updated kitchen will be a pleasure as it is open to the dining room and living room - just perfect for entertaining! There is an office on the lower level which would also make a great play room for the kids or a 4th bedroom (you decide). There are 3 bedrooms on the upper level and an updated bath as well. Come check it out! This one is sure to go fast! Family room window - AS IS.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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HOA + Taxes
About Kingston Estates
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Listed by: Donna Richardson
RE/MAX ONE Realty-Moorestown
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJCD2071028
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX ONE Realty-Moorestown
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJCD2071028
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