48 RICHMOND AVENUE
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Listed by Keller Williams Realty - Moorestown | $315,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Smires & Associates | $190,000 | |
| Listed by Smires & Associates | |||
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Ready to move in, charming and updated bungalow set on a quiet street. Perfect setting for your first time home buyer or low maintenance home owner! Clean, simple, and updated. Large backyard with a brand new shed. Great neighborhood and schools! This home is waiting for you! Perfect opportunity for a starter family, single home owner or even a great investment opportunity! Close to Ft. Dix/McGuire base, major highways, Philly, etc. Envision yourself calling 48 Richmond Ave home today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017