428 CHERRY HILL BLVD
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jul 4, 2022 | Listed by Weichert Realtors - Moorestown | $420,000 | |
| Listed by Weichert Realtors - Moorestown | |||
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | Listed by BHHS Fox & Roach-Moorestown | $275,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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This contemporary wonder is waiting to embrace its new owner. Tastefully appointed, it s yours for the taking. Upon entering the vestibule, you will feel the sprawling presence of a grand great room awaiting you, adorned by a corner light brick fireplace and wet bar, highlighted by pendant and recessed lighting. A huge bow window provides an abundance of natural light. With a high ceiling and an open layout, this space is uniquely designed. Step up to an enormous dining room, surely to create a stunning impression at holiday gatherings. Just around the wall is a beautifully updated kitchen complete with stainless-steel appliances, granite counter tops, crown molding, and a gorgeous charcoal colored porcelain tile floor. As you continue on to the sleeping quarters, a generous master bedroom houses a walk-in closet and new master bath encased in beautiful tile, granite, and a walk-in shower with frameless glass doors. Two additional spacious bedrooms feature ample closet space and ceiling fans. The full bathroom in the hallway is also newly renovated. And there s more a pocket door from the dining room flows into an extra room perfect for an office, den, playroom or whatever your pleasure, with another bow window. Walk through the French doors in the great room, to an expansive three season room, a great component for outdoor entertaining, or just unwinding as you overlook your fenced backyard. The basement houses the mechanicals, laundry area and two partially finished storage rooms. Anderson windows, hardwood and tile flooring are found throughout this home. Plumbing and electrical were updated 4 years ago and the water heater is brand new. For added peace of mind to the Buyer, the Sellers are including a one year 2-10 Warranty! Shopping, dining, entertainment, Houses of Worship and major driving routes are all nearby and Philadelphia is a hop, skip and jump away. Imagine yourself living here!
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| Apr 3, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017