55 CUTHBERT BLVD
About This Property
The sellers are motivated and they are ready to close this chapter of life!! Come see this iconic beauty and bring your decorating ideas. Get Ready to make this house, YOUR HOME! This is an AS IS condition sale. All buyer's inspections will be for informational purposes only and the buyer's side would be expected to get the Certificate of Occupancy.
Welcome Home to 55 E. Cuthbert Blvd. This is the home you have been waiting for!! This home is GRAND in every way. For the locals, this home is ICONIC. The front yard displays a semicircular driveway that wraps around an exquisite water fountain. There is so much curb appeal including the grand entrance that features double doors, detailed landscaping and a gorgeous art sculpture at the corner of Oriental Ave. Inside, you will find a grand foyer that features a wooden curved staircase perfect for photo ops. In addition, there are grand views from various floor to ceiling Bay windows found throughout the first floor. The entire home is well lit by natural sunlight by way of a total of 4 skylights that were installed within the last 3 years.
The kitchen was completely renovated several years ago. The renovation included durable tile flooring, Italian granite countertops with stone backsplash, 2 refrigerators and an intimate built-in island table. The kitchen has plenty of storage and cooking space which is perfect for the chef in your family. The huge fully fenced in backyard that features a Koi pond, a built in firepit, a huge deck and pergola patio which is perfect for entertaining. There is also large shed for the storage of bicycles, yard furniture, etc. There is also a separate side parking area that features a huge remote-controlled door garage for any regular size vehicle.
Want more? The highlight of this home is a huge first floor owner's suite that is handicap accessible. There are private bathrooms and several walk in closets perfect for any and every collection you may have. There is even a perfect room for a home office, a formal dining room and a spacious family room featuring a wood burning fireplace which is perfect for cozying up on those cold winter nights. The Bay Window in the family room was recently replaced. It's an Anderson Window that is still covered under warranty. Meanwhile, the second floor features 4 spacious bedrooms, 2 additional full baths. Conveniently located near Cooper River park, schools, Patco train stations and Philadelphia bridges. Great shopping and trendy restaurants can be found in Haddon Twp., Collingswood and Westmont. This type of opportunity to live in one of the biggest homes located on a corner lot nestled in one of the best neighborhoods in South Jersey does not come around often. Book your tour today and make your strongest offer the first time.
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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 10, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2022 | No longer available | - | |
| No longer available | |||
| Sep 18, 2022 | Price Decreased |
$599,990
↓ $9
(0%) | |
| Price Decreased | |||
| Sep 1, 2022 | Price Decreased |
$599,999
↓ $25K
(4%) | |
| Price Decreased | |||
| Aug 24, 2022 | Price Decreased |
$624,999
↓ $25K
(3.9%) | |
| Price Decreased | |||
Property Highlights
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About Camden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017