411 LIPPINCOTT AVE
About This Property
Look up to see the beautiful mahogany ceiling on the porch. As you enter the home you'll be wowed by the 9' ceilings and open space. You'll fall in love with the open living area with a gas fireplace and shiplap wall with built in cabinetry connecting to a gourmet kitchen with an oversized island and walk in pantry. This new home comes with elegant features such as LVP flooring, elegant granite countertops, an owners suite retreat with a fireplace, 2 walk in closets and an oversized bathroom with a soaking tub and a shiplap accent wall.
This beautifully crafted Haddon model is built for today's lifestyle. 4 bedrooms, 2.5 baths, laundry on the 2nd floor, a home office and an oversized basement with egress window. AND a large deck off the kitchen for grilling and entertaining.
Welcome guests or chat with neighbors on your porch on this quaint, tree-lined street. Riverton is a town where you know your neighbors, kids walk to school together and there's a deep sense of community. The town is anchored by the Riverton Yacht Club on the Delaware River on one side and the Riverton Country Club on the other.
Nestled in the heart of historic Riverton yet just minutes into Philadelphia via the light rail river line. Don't miss this opportunity to make this stunning property your new home.
note: a few of the photos are from the same model in a different location. Exterior shot is 411 lippincott.
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Price Decreased |
$844,900
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by Keller Williams Realty - Ocean City | $849,900 | |
| Listed by Keller Williams Realty - Ocean City | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017