637 POLK
About This Property
As you step inside, the heart of the home beckons – an airy and functional eat-in kitchen that boasts both style and functionality. It's the perfect space to whip up culinary delights while engaging in conversation with loved ones. Just beyond, the living room unfolds, showcasing a wood-burning fireplace with a captivating brick facade, creating a warm ambiance for those cozy evenings.
With 3 well-appointed bedrooms, there's plenty of room to accommodate family, guests, or even transform one into a home office.
Step outside, and a world of outdoor bliss awaits. The expansive fenced backyard provides a private haven for relaxation, gardening, and recreation. A highlight of this space is the large concrete patio – an ideal setting for outdoor gatherings, barbecues, or simply basking in the sun. Imagine sipping your morning coffee here while being enveloped in the beauty of your surroundings.
Embracing the perks of modern living, this home comes equipped with central air, ensuring year-round comfort regardless of the season. The quiet street adds to the serene atmosphere, allowing you to unwind and enjoy the peaceful neighborhood. Home is being sold AS IS.
One of the highlights of this property is its prime location. Situated a mere block away is the Rancocas Creek Greenway, offering a gateway to nature and leisure. Nature enthusiasts and outdoor lovers will revel in the proximity to Amico Island Park, a 55-acre peninsula featuring a diverse collection of habitats and terrain. Everyone enjoys the hiking, biking, fishing and picnicking offered in the upland forests, freshwater ponds and wetlands, river shoreline and meadows.
When it comes to convenience, 627 Polk delivers. Enjoy seamless access to shopping, major highways, the River Line for effortless commuting, and nearby schools for educational pursuits.
Don't miss the opportunity to make this home your own serene haven. Schedule a viewing today and experience the enchantment firsthand.
Home is being sold as is - inspections are for informational purposes only.
Flood insurance is required. The current owner pays $2615 a year
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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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 15, 2023 | In contract | - | |
| In contract | |||
| Oct 15, 2023 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 28, 2023 | Price Decreased |
$274,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 15, 2023 | Listed by Coldwell Banker Realty | $279,900 | |
| Listed by Coldwell Banker Realty | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017