714 HICKORY ST
About This Property
paintbrush to bring this home back to life. Covered front porch on tree lined street. This home
offers an awesome layout with great potential and has hardwood floors and natural woodwork
throughout. Arriving at the home you will notice the covered front porch and large property with
two car detached garage and shed. Enter the home through the foyer, to the left of the foyer
you will find the living room and dining room. Behind the foyer you will find the kitchen, laundry
and main bathroom. Up the stairs you will find three nice size bedrooms and a fourth smaller
sitting room which could also be used as a bedroom or nursery. A second bathroom is also
located on this floor which has been gutted and awaits your custom plans. The large attic offers
many possibilities to add additional living space. This home is being sold strictly as-is and the
buyer will be responsible for all inspections and any repairs that are required. Put some sweat
equity into this home and restore the old charm and make your dream of home ownership come
true.
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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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by RE/MAX ONE Realty-Moorestown | $249,900 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017