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63 AVERY DRIVE
About This Property
The main level features a bright and inviting living room, a spacious eat-in kitchen with ample cabinetry and counter space, and generously sized bedrooms. Downstairs, you'll find a large family room along with additional finished living space that can easily serve as a home office, playroom, gym, media room, or guest area-providing the flexibility every growing household needs.
Step outside to enjoy your fully fenced backyard, offering privacy and plenty of room for children, pets, and outdoor activities. The oversized rear patio is ideal for entertaining, grilling, or relaxing with family and friends. The home's attractive partial brick front enhances its curb appeal, while the attached one-car garage adds everyday convenience.
This home has been well cared for with several major updates already completed, including a new roof installed in 2018 with all new plywood sheathing, replacement vinyl windows installed in 2015, and the HVAC system and water heater was replaced in 2017. The home is also equipped with solar panels, helping reduce monthly electric bills and providing valuable energy savings.
Location is one of this home's greatest features. Situated in the desirable Newbury Farms community, you'll enjoy quick and convenient access to Routes 42, 322, and the Atlantic City Expressway, making travel to Philadelphia, the Jersey Shore, and surrounding South Jersey destinations effortless. Shopping centers, restaurants, grocery stores, parks, schools, and everyday amenities are all just minutes away.
Offering spacious living areas, major mechanical updates, energy-efficient features, a fully fenced yard, and an outstanding location, 63 Avery Drive is truly a place you'll be proud to call home. Schedule your private showing 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 23, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by Township Realty | $425,000 | |
| Listed by Township Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017