48 CORNELL AVENUE
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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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed | $415,000 | |
| Listed | |||
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| Apr 29, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Weichert Realtors - Old Bridge | $239,000 | |
| Listed by Weichert Realtors - Old Bridge | |||
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There's no place like home in Cherry Hill. This beautifully updated 3 bedroom, 1.5 bath, split-level has everything you need to move right in! Lots of natural lighting and hardwood floors throughout. Bedrooms are located on the upper level with ample closet space. Main bath redone with double sinks. Kitchen updated with granite counter tops, new stainless steel appliances and backslash. Formal dining room along with living room make up the main floor. Enjoy the temperature regulated sun room off the kitchen that can be used for entertainment or a playroom. New roof, new windows, new electrical panel, new plumbing and new water heater. This home has been well cared for, great curb appeal and ready for new owners. This is an excellent location quiet and quaint but close to Cherry Hill's finest restaurants, shops, major highways and an easy commute into Philadelphia. A must see! Settle in just in time for Summer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017