608 WILLIAMS TER
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Real Broker, LLC | $260,000 | |
| Listed by Real Broker, LLC | |||
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by BHHS Fox & Roach-Mt Laurel | $209,900 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
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SHOWINGS TO BEGIN FRIDAY MORNING, 1/29/21. Homes are moving incredibly fast in this market and this beauty will be no exception. Fantastic split level home NESTLED ON A CUL-DE-SAC in Runnemede's Garden Lakes section of town. Rare find with a split which offers 4 levels, including a BASEMENT + a GARAGE! Lots of space for memories to be made in this home as well as the fabulous yard. Some of the amazing features of this home include a brand new architectural shingle roof, weather stripping and ice shield on house and sunroom (fall of 2020 - taken down to sheathing); New heater and central air in 2016; Bathroom was gutted and beautifully remodeled in 2017; awesome family room was gutted and remodeled in 2016; new French styled door to sunporch and new door to garage in 2016; Carpet replaced in living room and upper hallway in 2017; 2 new storm doors in 2016; new rear yard patio in 2015; majority of replacement windows throughout (completed by former owner); newer vinyl fencing at front and rear of property (chain link at sides). Pleasing curb appeal from the moment you enter the cul-de-sac and arrive to 608 Williams Terrace. Featuring a low maintenance vinyl exterior, 2 car driveway leading to a 1 car garage, topped off with the new roof. This house feels like home as soon as you enter the spacious living room with a great front bay window, coat closet and carpeting over wood floors. The eat-in kitchen is beaming with natural light and offers a built-in pantry. The upper level provides some quiet solace from the living area and rounds out with the remodeled full bathroom and 3 well sized bedrooms offering exposed wood flooring and lots of windows. The remodeled, lower level, family room is very gracious and runs the full width of the home. There is an access door to the garage and an access door to the basement, as well as a storage closet housing the hot water heater. This closet could possibly be utilized for a half bath if the hot water heater could be moved to the basement. The basement offers good ceiling height, lots of storage, housing for the washer, dryer, heating unit and utility basin with ejector pump. Enjoy the extension of living space spilling into the massive 3 season sunroom, which is enveloped by 16 windows, a rustic wood planked ceiling, interlocking flooring and overlooks the patio & yard. The attic had spray in insulation added for energy efficiency and offers a floored area above the kitchen with access in the upstairs hallway. A deep, one car garage with automatic garage door opener & 100amp service, completes this amazing home. Sitting on just under an approx. 65x152 lot, the rear yard offers a great deal of space and includes a swingset. Fabulous location - within minutes to I-295, NJ Turnpike exit 3, Black Horse Pike (Rt. 168), Route 42, White Horse Pike (Rt. 30), restaurants, Deptford Mall, Gloucester Premium Outlets and lots of other shopping. Easy access to Southern Jersey Shore points. Runnemede offers some great restaurants, is home to the Philly Diner/Sports Bar, houses of worship, a Super Wawa, great sports fields and so much more! 1Year First American Home Warranty included! NOTE: Seller will not allow for any closing costs to be rolled into the purchase price. No home sale contingency will be considered. Due to Covid-19, Seller is asking for all Buyers to be pre-qualified prior to touring the home. Please do not enter the home if you believe you have or have been exposed to someone with Covid-19. Please touch as few things as possible for Sellers protection and their children. Masks are mandatory for the entire time while you are in the home. No showings after 8pm. Sellers can close in approximately 45 days.
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Property Highlights
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Listed On
Sold On
About Runnemede
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017