50 ELDERBERRY LN
About This Property
Step inside to discover a thoughtfully designed open-concept living and dining area, ideal for hosting gatherings with family and friends or relaxing in the evening after a long day at work. The living room boasts a stunning bay window, bathing the space in natural light and providing a peaceful view of the front yard.
The kitchen is comfortably sized with plenty of room to move around and channel your inner chef and features gleaming granite countertops, stainless steel appliances, and ample 42-inch cabinets for all your storage needs. Whether you're preparing a quick snack or a gourmet meal, this kitchen makes it a breeze.
The backyard is a true retreat with an expansive deck, perfect for outdoor entertaining, summer barbecues, or simply unwinding after a long day. A convenient shed provides extra storage for tools, bikes, or seasonal decorations.
This charming rancher combines modern updates with classic comfort in an established neighborhood known for its quiet streets and convenient location. Don't miss your chance to make this house your new home! Schedule your 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$340,000
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Nov 18, 2024 | Listed by Keller Williams Realty - Moorestown | $355,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| May 24, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017