5 LAKE WORTH DRIVE
About This Property
Step inside the two‑story foyer and living room featuring dramatic cathedral ceilings and large windows. The formal dining room impresses with a tray ceiling, built‑in cabinets and shelving - a perfect space for entertaining.
The updated kitchen (renovated just 3 years ago) is a chef's dream with white soft‑close cabinetry, granite countertops, a farmhouse sink, 5‑burner gas range, double pantry, custom range hood, wine cooler, and island breakfast bar with extra cabinets and counter space. A slider off the family room leads to the patio and private backyard oasis - ideal for relaxing or barbecuing.
The cozy family room offers newer carpets, recessed lighting, and a gas fireplace for those chilly nights. Upstairs, the spacious primary suite features cathedral ceilings, a sitting area with closet, and an ensuite bath that includes a double sink vanity, large soaking tub, and separate shower. Convenient second‑floor laundry with washer & dryer makes daily life a breeze.
Additional highlights include:
* 3‑year‑old roof
* New high‑efficiency gas heat & hot water
* New energy‑efficient windows
* Whole‑house plush wall‑to‑wall carpet (approx. 5 years old)
* Gorgeous Ergo hardwood floors
* Full high‑ceiling unfinished basement – perfect for future finishing
* Large custom shed and low‑maintenance vinyl privacy fence
Enjoy the best of suburban living in a peaceful neighborhood close to schools, shopping, and major highways - while still just a short drive from the Jersey Shore!
Coming soon – showings begin Thursday 1/28.
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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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by BHHS Fox & Roach - Haddonfield | $649,999 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
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About Berlin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017