501 E CUTHBERT BLVD
About This Property
Welcome to this spacious brick colonial brick home. This is a unique house in Haddon Township to be situated on 1.28 acres of partially wooded land . Survey of the property is uploaded in the MLS .This lovely four bedroom, two full bathrooms has the serene space you need . A two story entry a waits you as you enter the front door. Please note there are beautiful hardwood floors throughout the whole house that have been recently refinished. The entire interior of the house has been recently painted a neutral color.
Pass through a large cozy living room with a wood burning brick fireplace with a large bay window for extra day light .This easily flows into a formal dining room and kitchen. Kitchen has an island for eat in on corian counter tops. All existing appliances are included - refrigerator, microwave, stove dishwasher, trash compactor and wine/beverage cooler/refrigerator. The first floor has two bedrooms and a full bath.
The second floor has two large bedrooms and one full bath . There is a cedar walk in closet .
There is a full basement with large tool area , laundry area,, storage .
The air condition was replaced in 2020.The back exterior deck has been recently refinished so that you can enjoy morning coffee or evening glass of wine overlooking the greenery and acreage of ground for ultimate privacy. .
The house is available for immediate occupancy in time to enjoy the cozy fireplace or a cup of coffee on the sunny deck . It is walking distance to Cooper River where you can enjoy an early morning jog or walk your dog to the playground with your family or friends .
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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%.
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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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Dec 23, 2021 | Listed by Rohrer Real Estate | $449,000 | |
| Listed by Rohrer Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017