449 PRINCETON AVENUE
About This Property
Step inside to a welcoming dining room with original hardwood floors and large sun-filled windows-a flexible space that can easily double as a living area. The kitchen is a true showstopper, featuring an open floor plan, reclaimed wood accent walls, tile flooring, abundant cabinetry, stainless steel appliances, double wall oven, gas cooktop with a sleek overhead fan, and a deep farmhouse sink. A dual pantry wall with built-in desk adds storage and functionality.
The heart of the home is the impressive great room, boasting cathedral ceilings, a wall of windows that overlooks a serene backyard teeming with birds, bunnies, and other wildlife, and a cozy fireplace with a reclaimed wood mantel. Recessed lighting and rich hardwood floors complete this one-of-a-kind space, which opens to a charming side porch with pergola-an ideal spot for morning coffee or evening relaxation.
The main level offers two spacious bedrooms with generous closets and a full bathroom featuring dual sinks, a freestanding shower, and a jetted soaking tub with elegant tile surround. Upstairs, you'll find two additional oversized bedrooms with ample closet space and an extra utility/storage room.
The finished basement level adds incredible versatility with a freshly remodeled half bathroom, dedicated laundry room, and an expansive open area perfect for a home theater, game room, or media lounge. With walk-out access to the backyard, this space offers even more lifestyle flexibility.
Additional highlights include a covered carport, crown molding, recessed lighting, and thoughtful architectural details throughout. Ideally located just minutes from Route 130, I-295, the NJ Turnpike, Cherry Hill Mall, Costco, Wegmans', Trader Joe's, Target, 5 star restaurants and more-this hidden gem offers the perfect balance of seclusion and accessibility.
Don't miss your chance to tour this exceptional home-schedule your private showing today!
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Price Increased |
$450,000
↑ $15K
(3.5%) | |
| Price Increased | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Relisted | $435,000 | |
| Relisted | |||
Property Highlights
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About Cherry Hill Mall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017