1840-706 6 FRONTAGE RD #706
About This Property
The $1062 monthly association dues cover your gas, electric, and water bills, making budgeting a breeze. Additionally, these dues contribute to building maintenance and common area upkeep, ensuring that your investment remains in top-notch condition. Located just minutes away from Center City Philadelphia, you'll have easy access to all the cultural and dining experiences the city has to offer. Don't miss this opportunity to own a piece of Cherry Hill paradise with all the modern amenities you desire. Schedule a viewing today and make this condo your new home sweet home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 17, 2023 | Price Increased |
$247,000
↑ $7K
(2.9%) | |
| Price Increased | |||
| Sep 17, 2023 | In contract | - | |
| In contract | |||
| Sep 7, 2023 | Listed by Hometown Real Estate Group | $240,000 | |
| Listed by Hometown Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2024
|
3 Bed
|
2 Bath
|
1472 ft²
|
$278,000
3 Bed
2 Bath
1472 ft²
|
$245,000
-11.87%
05/15/2024
|
Yaozong Yuan
Philadelphia Homes
| |
|
09/07/2023
|
3 Bed
|
2 Bath
|
1472 ft²
|
$240,000
3 Bed
2 Bath
1472 ft²
|
$246,789
+2.83%
10/31/2023
|
Jason Galante
Hometown Real Estate Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017