109 Morrison Drive
About This Property
Welcome home to this beautifully maintained ranch situated on a spacious .93-acre lot in the desirable Princeton School District. Enjoy the freedom of no HOA and no city taxes while still being conveniently located to Hwy 70 and I-95.
This 3-bedroom, 2-bath home offers 1,348 square feet of comfortable living space with fresh paint throughout. The open living room features hardwood floors and a vaulted ceiling, creating a bright and inviting atmosphere.
The kitchen is both stylish and functional with updated countertops, stainless steel appliances, a new LG washer and dryer that convey with the home.
The owner's suite includes a walk-in closet and an updated bathroom with new countertops, plus a private shower and toilet area. Two generously sized secondary bedrooms offer flexibility for family, guests, or a home office.
Step outside to enjoy the nearly one-acre lot complete with a newly fenced backyard, new back deck boards and 2nd stairs and railings, and an above-ground pool that is perfect for cooling off on hot summer days. Security cameras will also convey, offering added peace of mind.
Car enthusiasts, hobbyists, or small business owners will love the detached 30 x 40 garage with a half bath and ample space for projects, storage, or workspace. The attached garage features a 2 post automotive lift with a new garage door
If you're looking for space, functionality, and convenience in a prime location, this home checks all the boxes.
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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 |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | Listed by LPT Realty, LLC | $299,900 | |
| Listed by LPT Realty, LLC | |||
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by Harris Realty & Land, LLC | $299,900 | |
| Listed by Harris Realty & Land, LLC | |||
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Sought after Ranch in Princeton School District! No HOA & No City Taxes. Sitting on .93 of an Acre this Home features 3 Bedrooms, 2 Bathrooms and 1,332 Sq Ft. Open Living Room with Hardwoods and Vaulted Ceiling. Kitchen features New Flooring, Countertops, SS Appliances and Freshly Painted Cabinets. Owners Suite with WIC, New Countertops and Private Shower & Toilet. Two Nice Size Secondary Bedrooms. Fresh Paint Throughout. New Back Deck Boards and Railings. Brand New Garage Door & Motor for Attached Garage. Detached 30x40 Garage features a Half Bath and Tons of Space. Above Ground Pool is Perfect for Cooling off on Hot Summer Days. Conveniently located to Hwy 70 and I-95!
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| Mar 25, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017