869 ORCHARD AVENUE
About This Property
The real showstopper is the approximately 575-square-foot detached rear building. One portion features a 17' x 13' screened-in outdoor bar complete with bar seating, beer tap, refrigerator for keeping beverages and a keg cold, and ceiling fan. This is an entertainer's dream and provides an incredible space for gatherings regardless of the weather. The building also includes an approximately 18' x 18' all-block workshop with electric and overhead lighting. Whether you're looking for a workshop, hobby space, storage area, or additional recreational space, this versatile building offers endless possibilities.
Back inside, the second-floor features three spacious bedrooms, a full bathroom, and a convenient laundry area with front-loading washer and dryer, plus storage above and below. The spacious primary bedroom has a private connecting door to the full bathroom, providing convenient access similar to an ensuite.
The full poured-concrete basement provides even more usable space. Approximately half of the basement is partially finished and currently serves as a home office and exercise room, while the remaining area offers plenty of storage or the potential to create additional finished living space. This home is conveniently located near excellent local schools, shopping centers, restaurants, the mall, home improvement stores, and other everyday conveniences. Commuters will appreciate easy access to the New Jersey Turnpike, Route 42, and Route 295, providing approximately 15-minute access to Philadelphia, 30 minutes to Delaware, and about an hour to the Jersey Shore. With its updated interior, spacious floor plan, partially finished basement, and truly exceptional backyard entertainment setup, this home offers something for everyone. Don't miss your opportunity to make this Runnemede Colonial your new home-schedule your private showing today!
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by BHHS Fox & Roach-Mullica Hill South | $375,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017