$600,000
●
House -
Off Market
502 BALSAM RD
CHERRY HILL, NJ 08003
4 Beds
3 Baths,
1
Half Bath
2,616 Ft²
$2,843
Est. Monthly
About This Property
WOW! Take a look at this gorgeous 4 bed 2.5 bath updated home in
the Woodcrest development of Cherry Hill. The first floor
features a spacious living room, dining room, kitchen, half
bathroom and family room. There is hardwood flooring on most of the
main floor and also a wood burning fireplace in the family room.
The kitchen has recently been updated with beautiful stone
countertops, tile backsplash, white cabinetry and stainless steel
appliances. Upstairs are 3 bedrooms, full bathroom plus the owners
suite with walk in closets & another full bathroom. The owners bath
was recently redone with tile floor, tile shower & a double vanity
with stone counters. Upstairs there is hardwood flooring as well.
Outback there is a large fully fenced yard with a storage shed as
well. This home also features a partially finished basement &
oversized 2 car garage. Home is priced to sell so make your
appointment today before the sign reads SOLD.
Unit Size
2,616 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$221
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1972
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #NJCD2057066)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Nov 12, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by Keller Williams Realty - Cherry Hill | $579,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Springdale
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Listed by: Samuel Rifkin
Keller Williams Realty - Cherry Hill
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCD2057066
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Realty - Cherry Hill
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCD2057066
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