$450,000
●
House -
Off Market
128 CORTELYOU LN
SOMERSET, NJ 08873
4 Beds
3 Baths,
1
Half Bath
2,574 Ft²
$573,981
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Here is your chance to live on a private and secluded oversized
lot. 4 oversized B/R, L/R with an added sitting room plus a wood
burning fireplace with mantel. Casement windows 5-6 yrs old,2 car
detached garage plus an outside office set up. The home offers
plenty of closet space and unique custom built in cabinetry. H/W
floor throughout the first level. The kitchen and D/R overlook the
beautiful well manicured backyard with flower gardens. Estate sale.
Home is sold in strictly as is condition. Buyer responsible for all
township inspections. This home is perfect for contractors.
Unit Size
2,574 Ft²
Days on Market
-
Land Size
2.91 acres
Price per sqft
$198
Property Type
House
Property Taxes
$832
HOA Dues
-
Year Built
1932
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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: 4 years ago (Bright MLS #NJSO2000096)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2021 | Sold | ||
| Sold | |||
| Jun 27, 2021 | Listed by BH HOMESERVICES FOX & ROACH | $510,000 | |
| Listed by BH HOMESERVICES FOX & ROACH | |||
| | |||
|
Here is your chance to live on a private and secluded oversized lot. 4 oversized B/R, L/R with an added sitting room plus a wood burning fireplace with mantel. Casement windows 5-6 yrs old,2 car detached garage plus an outside office set up. The home offers plenty of closet space and unique custom built in cabinetry. H/W floor throughout the first level. The kitchen and D/R overlook the beautiful well manicured backyard with flower gardens. Estate sale. Home is sold in strictly as is condition. Buyer responsible for all township inspections. This home is perfect for contractors.
| |||
Property Highlights
Garage
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Six Mile Run
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Listed by: Nicolas DiMeglio
BHHS Fox & Roach-Princeton Junction
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJSO2000096
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Princeton Junction
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJSO2000096
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