Monmouth
8 Cherry Hill Road
$617,000
●
House -
Off Market
8 Cherry Hill Road
Holmdel, NJ 07733
4 Beds
3 Baths,
1
Half Bath
2,404 Ft²
$994,309
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Inviting center hall colonial on an oversized corner 0.87 lot in
Cherry Hill with impressive curb appeal. Tons of natural light
throughout, makes this a truly special home with vaulted ceiling in
sunroom. Living room, dining room, family room all with hardwood
floors. Eat-in kitchen with wood cabinets, tile backsplash,
granite counter top, very generous dinette area, and hardwood
floors. Kitchen passes through to the all season sunroom. Family
room has a fireplace with beautiful large windows. Move-in ready
home is located in one of the most highly desirable school
districts in NJ! Close to mass transportation & Centrally located
to beaches, restaurants, Holmdel Park and PNC Arts Center. It does
not end here! If you are looking to relax & enjoy your resort away
from work, this is the one!
Unit Size
2,404 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$280
Property Type
House
Property Taxes
$1,059
HOA Dues
-
Year Built
1969
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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 (MOMLS #21909008)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by Real Estate, LTD | $674,000 | |
| Listed by Real Estate, LTD | |||
| Sep 2, 2017 | Listed | $689,000 | |
| Listed | |||
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Your opportunity to live in this highly desirable neighborhood. This 4 Bedroom, 2 1/2 Bath Colonial is set on a level .87 acre quiet corner lot. The main floor offers the Family Room w/wood burning FP, Living Room, Dining Room, Kitchen, & an All Season Sunroom. The 2-car garage leads to the Mud/Laundry Room and Powder Room. Master Bedroom & Bath are located on the upper level along w/3 additional Bedrooms & main Bath. Hardwood Floors. Inviting patio in peaceful backyard overlooking professional and natural landscaping. Minutes away from the beautiful 566-acre Holmdel Park, PNC Bank Arts Center Park & Ride, GSP, iconic and highly anticipated 470-acre BellWorks MetroHub, MSK outpatient facility, Rt 35/34 shopping/restaurants plus a top notch K-12 school district The manager has listed the unit size as 2404 square feet.
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Property Highlights
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Fireplace
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Josephine M Tsarnas, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21909008
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21909008
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017