412 LONGWOOD DR
About This Property
Upstairs, the primary bedroom has two very large walk-in closets, and a Master bathroom that spans the width of the house that features a relaxing soaking tub and steam shower. Completing the 2nd floor there are 3 more generously sized bedrooms, a laundry room, and a hall bath complete with double sinks. Need more space? The finished basement offers a huge recreation room, an office with custom built-ins, and plenty of storage space complete with shelving.
Enjoy your large fully fenced in backyard, complete with paver patio, and no need to buy another propane tank, this home has a permanent gas line for your gas grill. No need for dragging your hose around to water your yard with the built in sprinkler system. This home is conveniently located within walking distance to Tatum Elementary, and all the restaurants and shops on Haddon 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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 5, 2022 | Listed by Compass New Jersey, LLC | $949,900 | |
| Listed by Compass New Jersey, LLC | |||
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About Haddonfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017