$540,000
●
House -
Off Market
7 FOREST HILL DR
CHERRY HILL, NJ 08003
4 Beds
3 Baths
2,322 Ft²
$2,696
Est. Monthly
About This Property
This Stunning 4 Br 3 full Bath Executive styled Colonial is nicely
nestled here in Point of Woods !! over 2300 sq ft
!! IMMEDIATE OCCUPANCY can be obtained in this well
cared for Sprawling Home . Inviting Family room with Gas
Fireplace/ with wet bar , Large eat in kitchen with Stainless steel
appliance package, , lots of cabinets with granite counters. Formal
LR, Formal Dr for those Holiday meals ,Main lvl full bath and
laundry room ,Upper levels presents a King sized Mstr Br with 4
closets and Mstr Bath. Completing the 2nd flr are 3
more brs with double closets, and a large hall bath.
Escape to huge lower level den with wet bar for those movie
nights or game days. Ez acces thru Family room is your back
yard completely enclosed OASIS with inground pool. This
home is an excellent location that is tucked away but close
to all major roads , shopping and the best of schools has to
offer, Walking distance to Churches and Synagogues ..... THIS HOME
IS TO SETTLE AN ESTATE AND VACANT AND READY TO GO EZ TO SHOW
Unit Size
2,322 Ft²
Days on Market
29 days
Land Size
0.22 acres
Price per sqft
$236
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1968
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #NJCD2087276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Price Decreased |
$549,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
| Mar 2, 2025 | Listed by RE/MAX ONE Realty-Moorestown | $579,000 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Greentree
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Listed by: Gregory Hale
RE/MAX ONE Realty-Moorestown
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJCD2087276
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RE/MAX ONE Realty-Moorestown
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJCD2087276
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