607 RAILROAD BOULEVARD
About This Property
The flexible layout includes a first-floor bedroom and full bathroom, while the second floor offers additional space that can be used as a spacious bedroom or easily divided to suit your needs. An unfinished basement provides plenty of storage.
Ideally located near, major roadways, shopping, and hospitals, with an easy commute-just 20 minutes to Philadelphia. Situated within the sought-after Cherry Hill East school district.
Don't miss this opportunity-schedule your private tour today!
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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 15, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$305,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$314,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by Redfin | $324,900 | |
| Listed by Redfin | |||
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About Ashland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017