421 GATEWOOD ROAD
About This Property
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed | $559,900 | |
| Listed | |||
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Welcome Home to Woodcrest! 421 Gatewood Road offers a charming oasis in one of Cherry Hill's most prestigious and sought-after neighborhoods. This 5-bedroom, 2.5-bathroom home perfectly blends comfort, style, and modern convenience. Enhanced with a new roof, siding, and recently updated windows and HVAC, this home offers curb appeal and peace of mind. Step inside to discover abundant natural light and beautiful hardwood floors throughout both floors, preserved by neutral carpet on the main level. On the main level, multiple living spaces provide a cozy, relaxed ambiance ideal for everyday living. The bright and welcoming foyer leads seamlessly into a spacious living room. The kitchen is a true highlight, featuring a spacious pantry, charming breakfast nook, and excellent flow to surrounding rooms—perfect for hosting and entertaining. Completing the first level is a convenient half bath and access to the attached garage. Upstairs, you'll find the expansive primary suite complete with a walk-in closet and private bath. Four additional generously sized bedrooms, a full bathroom, and a dedicated laundry area complete the second level. Storage is abundant with ample closet space throughout the home. The basement offers excellent potential for additional living space or storage, while the partially fenced backyard, complete with a large patio, is ideal for outdoor enjoyment. Located in a fabulous community with access to playgrounds, scenic parks, and walking trails, as well as the Woodcrest Swim Club, this home is also perfectly positioned near shopping, dining, and entertainment. Commuters will love the proximity to PATCO, major highways, and quick access to both the city and the shore. Plus, it’s located in the award-winning Cherry Hill School District. Don’t miss your chance to call this beautiful home yours—schedule your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017