427 AVONDALE AVENUE
About This Property
As you enter, you are welcomed by a bright living room, a classic staircase, and engineered hardwood flooring that continues throughout the home. From the living room, your eye is immediately drawn to the newly redesigned kitchen-the true centerpiece of the home. Centrally located, the kitchen seamlessly connects the living room, family room, and sunroom, creating an ideal layout for everyday living and entertaining.
Thoughtfully designed, the kitchen features a perfectly positioned island, quartz countertops, custom cabinetry, and a stainless-steel GE Cafe appliance package. Generous counter space provides plenty of room for meal preparation, serving guests, or enjoying your morning coffee.
Just off the kitchen, the family room offers a comfortable place to relax. A statement fireplace mantel adds warmth, character, and a polished focal point, making the space perfect for family movie nights. The sunroom features wood-paneled details, abundant natural light, and sliding glass doors leading to the backyard. With its close proximity to the kitchen, this versatile room is well suited for a home office, playroom, or additional sitting area.
The first floor also includes a newly added full bathroom and a thoughtfully designed garage conversion. One portion of the garage provides valuable storage space, while the other leads into a dedicated laundry room equipped with a new stackable LG washer and dryer.
Upstairs, the spacious primary bedroom features a custom built-in closet-an especially valuable addition that provides exceptional storage rarely found in many of the classic Haddon Township homes. Two additional generously sized bedrooms and a full hall bathroom complete the second floor. New window treatments and blinds have been installed throughout the home, including custom blackout curtains in one of the bedrooms.
The home offers even more storage in the clean, weatherproofed basement, where good ceiling height creates excellent potential for a future living area, game room, home gym, or recreation space.
Outside, the large, fully fenced backyard has been thoughtfully improved for both enjoyment and convenience. New concrete extends along the side of the home and continues into the backyard patio, providing an inviting setting for summer barbecues and outdoor entertaining. The landscaping has also been completely refreshed, with privacy trees planted along the fence line to create even greater coverage as they mature. A new storage shed provides additional space for lawn equipment, bicycles, and outdoor essentials.
The lawn has been fully redone and is supported by a new sprinkler system that can be controlled through an app and includes a rain sensor for added convenience. With its redesigned interior, valuable additions, extensive outdoor improvements, and sought-after Haddonleigh location, 427 Avondale Avenue is ready to welcome its next owners.
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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.
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017