506 3RD AVENUE
About This Property
Step inside to discover an open kitchen featuring granite counters, an island, and sleek stainless steel appliances, including a dishwasher, refrigerator, and electric stove. The eat-in kitchen is perfect for casual meals and entertaining guests. You'll appreciate the elegance of recessed lighting and chandeliers that add a touch of charm throughout the home.
The primary bedroom offers an ensuite, providing a serene retreat. With vinyl floors throughout and a windowed kitchen, natural light fills every corner. The basement has been waterproofed with a lifetime warranty, providing peace of mind and extra storage.
Outside, enjoy a private yard with a front and back area, a newly paved driveway, and on-site guest parking. Additional street parking offer convenience for multiple vehicles. Relax on the porch or take advantage of the nearby amenities.
This home is perfect for first-time buyers or those looking to downsize. With a new roof, updated HVAC system, and everything freshly remodeled, all that's left to do is move in and enjoy!
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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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Listed | $350,000 | |
| Listed | |||
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Welcome to 506 3rd Avenue, Bellmawr, NJ—a beautifully remodeled gem that's ready for you to call home! This stunning 4-bedroom, 2-bathroom house boasts 1,650 square feet of thoughtfully updated living space, sitting on a 6,000-square-foot lot.
Step inside to discover an open kitchen featuring granite counters, an island, and sleek stainless steel appliances, including a dishwasher, refrigerator, and electric stove. The eat-in kitchen is perfect for casual meals and entertaining guests. You'll appreciate the elegance of recessed lighting and chandeliers that add a touch of charm throughout the home.
The primary bedroom offers an ensuite, providing a serene retreat. With vinyl floors throughout and a windowed kitchen, natural light fills every corner. The basement has been waterproofed with a lifetime warranty, providing peace of mind and extra storage.
Outside, enjoy a private yard with a front and back area, a newly paved driveway, and on-site guest parking. Additional street parking offer convenience for multiple vehicles. Relax on the porch or take advantage of the nearby amenities.
This home is perfect for first-time buyers or those looking to downsize. With a new roof, updated HVAC system, and everything freshly remodeled, all that's left to do is move in and enjoy!
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| Jan 19, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Listed by Compass | $340,000 | |
| Listed by Compass | |||
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Completely remodeled 4 bed 2 bath open concept cape cod on the East side of town. No expense spared. Buy this for less than the current rent price. Welcome to 506 3rd Ave! As you enter you are welcomed by beams of natural light that leads you to your brand-new Great room where the possibilities are endless for entertaining continue through the first floor to your brand-new kitchen, complete with new soft close cabinets, new granite counter, LG stainless steel appliance package and subway tile backsplash. Continue through the hallway to your primary ensuite complete with new waterproof/scratch proof luxury vinyl flooring, ceramic tile flooring and subway tile. Another full bathroom with granite counters, ceramic tile flooring, subway tiles and bedroom complete the first floor. The 2nd floor has 2 large sized bedrooms with new windows and waterproof/scratch proof luxury vinyl flooring. The basement was completely waterproofed with a lifetime warranty(assumable by buyer), New sump pump, French drain, and Vapor barrier. Additional improvements include, a new roof, new electric panel, natural gas conversion (from oil), New HVAC, all new Anderson Windows, the list goes on and on!! If all the upgrades weren’t enough, this Eastside of town location is only a few minutes’ walk to Barrington’s bustling downtown with something for everyone; Breweries, restaurants, bars and shops. Close to all major highways and public transportation. This move-in ready and phenomenally upgraded home won’t last long, be sure to schedule your showing today! The manager has listed the unit size as 1659 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017