$355,000
●
House -
Off Market
597 SHERRINGTON LN
RUNNEMEDE, NJ 08078
3 Beds
3 Baths,
1
Half Bath
2,060 Ft²
$376,023
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Fantastic two story home on a wonderful corner lot has been
tastefully updated and is fully move-in ready! Brand new kitchen
features new stainless steel appliances, white shaker cabinets, and
quartz countertops. New laminate flooring extends through the
kitchen into the formal dining area, living room, and family room
which includes a classic brick fireplace and hearth. The upper
level flooring has been updated with new carpet through all three
bedrooms. Both full bathrooms have been updated with new vanities,
toilets, and vinyl flooring-plus new surround and tub in the hall
bath. Full unfinished basement provides plenty of dry, clean
storage space. Fenced-in rear yard and concrete patio provide a
wonderful space for outdoor living. Come see this home today!
Unit Size
2,060 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1979
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #NJCD2041562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by Keller Williams Realty - Moorestown | $364,900 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by Century 21 Reilly Realtors | $237,900 | |
| Listed by Century 21 Reilly Realtors | |||
| | |||
|
Great Opportunity, a true diamond in the rough. Roomy 2 story home on nice corner lot in the Runnemede Manor Development. The home features a large living room, formal dining room, eat-in kitchen, family room with full wall brick fireplace, game room & a large laundry room. Includes 3 bedrooms, 2 1/2 baths & a basement. Needs work, TLC and updating throughout, but priced to sell. Offered in "As Is" Condition.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Runnemede
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Listed by: Deirdre Hyland
Keller Williams Realty - Moorestown
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2041562
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Keller Williams Realty - Moorestown
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJCD2041562
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