59
Map
522 3RD AVENUE
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%.
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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by EXP Realty, LLC | $449,900 | |
| Listed by EXP Realty, LLC | |||
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***Seller is requesting all offers by 3PM 5/3 ***Welcome to 522 3rd Ave, a charming updated Cape Cod located on the desirable east side of Haddon Heights, just a stone throw away from the Haddonfield border. From the covered front porch you step into a charming living room with wood burning fireplace, that opens to dining room, currently set up as a sitting room, which leads to the recently updated eat in kitchen that features granite countertops, subway tile back splash and stainless steel appliances. The kitchen opens to a fantastic 20 x18 Family room addition that boasts vaulted ceilings, custom wide board solid oak door and window casings, stained glass windows, high hat lighting and French doors that lead you to the secluded rear yard offering a large Trex deck with white PVC railings, perfect for those summer get togethers with family and friends. You’ll also find two sheds for additional storage for your bicycles, lawn equipment, etc .A first floor bedroom and a full updated ceramic bath offer single story living for those family members wishing to avoid stairs. The second floor offers the master bedroom featuring a vaulted ceiling, an ample third bedroom and an expansive, ultramodern ceramic bath with oversized shower stall ( was previously 4th bedroom). The basement level offers more surprises. A professionally finished bonus room, currently used as a recording studio- consider the possibilities, home office, art studio, home theater, home gym, or a second family room. There’s plenty of storage as well as the utilities in the rest of the basement, including a laundry featuring newer, front loading washer and dryer, another finished room ( oversized pantry?), and a Bilko door to make moving those bulk items in and out of the basement easier. The basement is dry- three sump pumps and a French drain keep it that way. Brand new roof, newer windows throughout, this house has everything you need to make it your home! Mortgage rates are rising- schedule your tour before it’s too late!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017