502 LEE ANN RD
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%.
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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.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Weichert Realtors-Haddonfield | $464,900 | |
| Listed by Weichert Realtors-Haddonfield | |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2020 | Listed by Long & Foster Real Estate, Inc. | $350,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Excellent opportunity to own a tastefully updated and expanded property in the Kingston section of Cherry Hill. The current owners have recently updated the entire kitchen, new HVAC, new Roof, and new fencing in the yard. The spacious living room has hardwood floors, recessed lighting, and a ceiling fan. The hardwood continues into the dining room which has a cutout to the kitchen for easy serving and conversation. The Bosch dishwasher, some cabinet pull-outs, and a ceiling fan. In the rear of the house is a 950 square foot addition with two bedrooms. One bedroom has a pair of walk in closets, recessed lighting and ceiling fan. The en-suite full bath has a soaking tub and two seat shower. A second bedroom has a ceiling fan and recessed lighting. This addition was built in 2010 and has its own entrance and separately zoned heat and air conditioning making it perfect as an in-law suite OR you can live in this house on the main floor as if it was a 2 bedroom rancher and still have lots of room for visitors because upstairs are two more bedrooms and two full baths!! One upstairs bedroom has its own en-suite bathroom, a walk-in closet and a second closet. The second upstairs bedroom is close to the full bath in the hall. There is also access to a floored storage attic through a door in the upstairs hallway. Need more room? There is a lower level with a room with a window and wall to wall carpet that is perfect for a study or den, the utility room with space for storage, a half bath, and an inside doorway to the garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017