5 MASSACHUSETTS AVE
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 |
|---|---|---|---|
| Nov 16, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Listed by Keller Williams Realty - Cherry Hill | $205,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| | |||
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Have it all! Feast your eyes on this gorgeous, move-in ready cape. With lots of curb appeal and charm right from the get-go, you will love the beautiful front porch and cheery entry. The living room is spacious and pretty, with beautiful original details paired with modern updates. Natural light pours in through the windows and illuminates the beautiful hardwoods. Head back to the newly updated kitchen, with totally on-trend finishes and materials. Updated wood-look ceramic flooring, white cabinetry, updated lighting, stainless steel appliances, subway tile backsplash... the list goes on and on. The kitchen is large with plenty of room for a kitchen table to gather round. A large picture window overlooks the beautiful back yard. Also on this level are two bedrooms, beautifully decorated with gorgeous original hardwoods and neutral modern tones. The bathroom is completely updated and makes a great use of space. Head upstairs to a versatile loft - currently in use as a bedroom, but could be used for many different functions. Lots of storage and closet space plus updated lighting & flooring sets this space apart. The large basement is neat & clean and stands ready to be fully finished if desired... and even features a brand new half bath. Additional storage, laundry, and utilities can all be found down here. Step outside and the fun continues! A nice concrete patio right off the kitchen is great for entertaining or relaxation. The yard is very large and has lots of grassy, open space. A detached oversized 1 car garage sits in the back corner, and the yard is fully fenced with lots of nice plantings. This neighborhood is one of the most walkable areas of Cherry Hill - quick walk to Whole Foods and Ellisburg Shopping Center, small businesses, diners, restaurants and specialty shops, and more. Minutes to downtown Haddonfield, PATCO, 295, Cherry Hill Mall, and all the many conveniences Cherry Hill is known for. This could be the one you've waited for.
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| Jun 28, 2013 | Sold | ||
| Sold | |||
| May 17, 2013 | Listed by EXIT MBR Realty | $149,900 | |
| Listed by EXIT MBR Realty | |||
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About Ellisburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017