1109 Caroline Drive
About This Property
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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%.
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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Listed by Phillips Realty Group & Assoc | $250,000 | |
| Listed by Phillips Realty Group & Assoc | |||
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Feb 4, 2020 | Listed by Fathom Realty | $195,000 | |
| Listed by Fathom Realty | |||
| | |||
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This is a cozy home and great opportunity for a possible investor! Spacious living areas, a nice sized kitchen, large walk in closets, separate shower and garden tub in the master bath. This home is ready for the right buyer! $5,000 sellers credit for flooring updates.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Princeton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,150 /mo
- 4 Beds
- 2 Baths
- 2,046 ft²
$1,795 /mo
- 3 Beds
- 1 Bath
- 1,196 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017