508 HIGHLAND AVE
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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 | |||
| Jul 27, 2022 | Listed by Compass New Jersey, LLC | $195,000 | |
| Listed by Compass New Jersey, LLC | |||
| Apr 24, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Listed by Compass New Jersey, LLC | $199,000 | |
| Listed by Compass New Jersey, LLC | |||
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Opportunity Knocks in desirable Cherry Hill. 3 BEDS AND 2 FULL BATHS. Open Dining Room and Kitchen areas left to your imagination to make your dream Open Concept Entertainment Area. 10 Minutes from Philadelphia, close to the Cherry Hill Mall and major roadways; this is a diamond in the rough priced ready to sell in a limited market for the eager Homeowner. Buyer will be responsible all repairs AND inspections required by mortgage company and/or all repairs needed for Certificate of Occupancy from the township of Cherry Hill.For all offers, please provide: 1) Proposal to purchase Form 2) Proof of funds or pre-qualification letter. Property is being conveyed in "AS-IS" condition. Seller will do no repairs. The manager has listed the unit size as 1293 square feet.
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| Feb 16, 2021 | No longer available | - | |
| No longer available | |||
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About Golden Triangle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017