55
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55 MECRAY LANE
About This Property
Throughout the property, you will find time-honored details that make this home something special. The main level is thoughtfully arranged with key living spaces, encompassing a formal living room and dining room. The showcase kitchen and breakfast nook, originally an 18th-century icehouse, dramatically enhance the home with original brick walls, exposed beams, and plenty of natural light. Additionally, the main level features versatile rooms currently configured as an office, a family room, and a billiards room, along with a convenient half bath and a modernized full bathroom conveniently accessed from the pool. On the second floor, you will discover five spacious bedrooms, including one with ensuite bath. This level also features a hall bath plus another half-bath and second-floor laundry. Ascend to the third floor for a bonus space perfect for a game room, play area, or an additional bedroom.
Your backyard serves as a personal retreat that you will never want to leave. The expansive stone and brick patio provides the perfect setting for entertaining guests with ease. Whether you are sipping your morning coffee on the screened-in back porch, soaking up the sun beside the pool, or winding down the evening in the spa, this outdoor space offers endless opportunities for relaxation. The property also features an exceptional, detached 4-car garage equipped with electricity. A substantial walk-up loft provides easily accessible storage space or future living/bonus space.
Nearby, you will find the quaint downtown with several dining options, quick access to major highways, and a short drive to Philadelphia.
Ready to fall in love with your own little slice of history?
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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 |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Compass New Jersey, LLC - Moorestown | $750,000 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017