41 BERLIN RD
About This Property
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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 |
|---|---|---|---|
| Jan 19, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by Weichert Realtors-Cherry Hill | $265,000 | |
| Listed by Weichert Realtors-Cherry Hill | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
| Jul 31, 2019 | Listed | $129,900 | |
| Listed | |||
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PRICE REDUCED! Large Victorian side by side duplex with private entrances for each unit. Located on a double corner lot wit an oversized and electrified garage. The home is updated, move in conditon, making it a solid investment property. No work left for you to do except find the tenants. Could also be your personal home with rental income from the additional unit. Like living mortgage free! Home could also be converted to single residence. Both units have wood laminate flooring, nice kitchens, each side is a 2 bedroom, 1 bath unit with a shared full dry basement, window air, public water and sewer, low maintenance vinyl exterior, gas heat and hot water. Lots of opportunity here for the smart and savvy buyer. Located in a very desirable area of town. Great schools, super location, affordable investment! BEING SOLD AS-IS, CASH OFFERS ONLY!! Buyer responsible for township approvals. The manager has listed the unit size as 2038 square feet.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Gibbsboro
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Currently no similar homes aroundNearby Rentals
$2,300 /mo
- 2 Beds
- 2 Baths
- 1,220 ft²
$2,250 /mo
- 2 Beds
- 2 Baths
- 1,310 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017