$685,000
●
House -
Off Market
1 Spruce Lane
Piscataway Twp, NJ 08854
4 Beds
2 Baths,
1
Half Bath
1,926 Ft²
$3,838
Est. Monthly
6.11%
Cap Rate
About This Property
Call this pristine 4 bed 2 and a half bath corner-lot in the heart
of Piscataway home. Beautiful hard wood flooring throughout the
first floor living room and dining room. A family room that leads
out to a large yard with partial fenced in patio. The kitchen is
bright with natural light, ample storage, stainless steel
appliances, and breakfast bar. The Primary bedroom has a large
walk-in closet as well as an attached bathroom with plenty of
counter space. Spacious unfinished basement and attached 2 car
garage with ample room for storage. A separate laundry room with
clothes rack and cabinets for all laundry needs! Just blocks away
from 2 parks with recreational spaces, an elementary and middle
school and short drive to Rutgers campus. Easy access to rt 287, rt
18, and NJTPK for easy commute and travel to NYC.
Unit Size
1,926 Ft²
Days on Market
61 days
Land Size
0.22 acres
Price per sqft
$325
Property Type
House
Property Taxes
$768
HOA Dues
-
Year Built
1982
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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: 12 months ago (MOMLS #22332581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | In contract | - | |
| In contract | |||
| Nov 23, 2023 | Listed by KELLER WILLIAMS WEST MONMOUTH | $625,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
| | |||
|
Call this pristine 4 bed 2 and a half bath corner-lot in the heart of Piscataway home. Beautiful hard wood flooring throughout the first floor living room and dining room. A family room that leads out to a large yard with partial fenced in patio. The kitchen is bright with natural light, ample storage, stainless steel appliances, and breakfast bar. Perfect for a morning cup of coffee! The Primary bedroom has a large closet as well as an attached bathroom with plenty of counter space. Spacious unfinished basement and attached 2 car garage with ample room for storage. A separate laundry room with clothes rack and cabinets for all laundry needs! This property is blocks away from 2 parks with recreational spaces and short drive to the Rutgers campus. Easy access to rt 287, rt 18, and NJTPK for easy commute and travel to NYC.
| |||
| Aug 29, 2014 | Sold | ||
| Sold | |||
| Apr 12, 2014 | Listed by WILLIAMSON REALTY, INC. | $399,900 | |
| Listed by WILLIAMSON REALTY, INC. | |||
| | |||
|
Many upgrades Roof siding Windows Landcsaping Kitchen Bathrooms Home is in Move In Condition
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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HOA + Taxes
About Middlesex
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Listed by: Jose Sanchez, Keller Williams Realty West Monmouth
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22332581
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: 12 months ago
Data Source: MOMMLS, MLS# 22332581
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