635 MAIN AVENUE
About This Property
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by BHHS Fox & Roach-Washington-Gloucester | $250,000 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
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Discover a tranquil retreat on 8.83 acres at 635 Main Ave, Vineland. This charming 3-bedroom, 1-bath ranch-style home offers 1,022 square feet of comfortable living space, featuring a spacious kitchen/dining area, a cozy family room, and a full, unfinished basement perfect for storage or a future recreation area. Built and maintained by its original owner, the home is enveloped by expansive farmland, providing privacy and natural beauty in a quiet setting. With the potential for a subdivision to add an additional buildable lot, this property is ideal for those looking to expand or invest. Located close to Rt. 40, enjoy quick access to major South Jersey shore points within an hour's drive. This home represents a unique blend of country serenity with convenience to local amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017