740 RANCOCAS AVENUE
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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%.
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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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | In contract | - | |
| In contract | |||
| May 4, 2023 | Listed by Keller Williams Philly | $425,000 | |
| Listed by Keller Williams Philly | |||
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Welcome to 740 Rancocas Ave, a unique opportunity to own a 4 bedroom, 2.5 bathroom home in a picturesque waterfront setting on the Rancocas Creek. In addition to its 48 feet of water frontage, this home’s property extends from street to street with rear access onto Franklin St. This special home is also located on the Rancocas Creek Greenway Trail, a multi-use paved trail running from Delran to Delanco. Enter from the charming wrap-around porch into the home’s welcoming foyer. From there, the first floor’s open concept floorplan flows between the living room, dining room, and kitchen. The kitchen boasts stainless steel appliances, plentiful cabinet space, and access to laundry, powder room, and oversized backyard. On the second level, you’ll find a spacious primary suite with double closets and an ensuite bathroom. Two additional bedrooms and a hall bath complete the second level. On the third floor, a fourth bedroom offers the perfect space for a private home office, flex space, or traditional bedroom. Schedule your tour today to see what this spectacular home has to offer and picture yourself barbequing on the waterfront this summer!
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| Oct 28, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2016 | Listed by Shirley Rossi Realty | $287,500 | |
| Listed by Shirley Rossi Realty | |||
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Waterfront and more describes this awesome lovely 4 bedroom Victorian. Beautiful open floor plan with views of the water from every room. A very spacious living room and adjacent dining room. You will not only be delighted but, enjoy a well designed large eat in kitchen that would thrill any chef. On the first floor is also a powder room, laundry area and a rear door to the very large yard which also has a rear access onto Franklin Street. The master bedroom suite has a bathroom that would delight you. Also, the master bedroom has a lot of storage and closet space. There are additional bedrooms on the second floor and the third floor also consist of a lovely bedroom, dressing room, work area, closets and a beautiful water view. Home has been recently renovated and updated. Home also has included 2 zone heating, 2 zone central air, hot water on demand system and so much more. Too many special touches that you must see. Enjoy relaxing and/or entertaining on your wrap around porch overlooking the beautiful water, nightly sun sets and so much more. Truly a must see.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017