129 HODGE RD
About This Property
out a dream home. For many, this is the one that stands out among all the eye-catching
properties as the pinnacle of splendor and graciousness. Its angle on a prominent
corner affords the fountain-splashed terraces and sun-dappled pool as much privacy as
a country estate, but with Palmer Square, McCarter Theater and the activity of the
University just a stroll away. The interior is dressed to the nines after being recently
redecorated. Now, hand-stenciled walls, bespoke window treatments and opulent new
bathrooms join the numerous fireplaces, French doors and incredible moldings that
made the home a show-stopper in the first place. Off the grand foyer, where a wet bar
hides under the split staircase, is a party-perfect living room that flows out to a covered
loggia, as well as separate studies - both inviting jewel-boxes in which to grab some
quiet time. In the kitchen, a thick slab of marble provides ample island workspace
beside a Wolf range and bright breakfast area. Conveniently extending from the
coffered family room, a mud entry and breezeway connect a 3-bay garage. The way the
current owners live shows just how modern and adaptable the upper levels can be. A
central bedroom lined with built-ins makes a perfect lounge for the younger set, while
another of the 6 total bedrooms is a suite sized for two. The crown jewel of the
multi-room main suite is a glimmering mosaic tiled bathroom fit for a queen. A third floor
gym is lined with interior windows for a motivating dose of morning light. There are so
many exceptional details here, both new and original, to discover and admire.
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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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Mar 19, 2023 | In contract | - | |
| In contract | |||
| Feb 11, 2023 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $4,500,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
| Jul 14, 2014 | Sold | ||
| Sold | |||
| Sep 19, 2012 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $3,500,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
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Live the good life in the heart of Princeton's Western Section, just a stroll from Palmer Square, the University and McCarter Theater. This brick beauty meets all of today's needs while maintaining an air of dignity, thanks to a seamless expansion by Lasley Brahaney, comfortable high-end updates, and an abundance of period detailing. Original spaces, both roomy and intimate, can be as formal or casual as desired, dictated only by personal taste. The main entry never fails to render guests speechless with its split staircase and graceful millwork, while the side entry and breezeway conveniently bridge the 3-car garage and the sunny gourmet kitchen. A coffered ceiling feels both refined and cozy in the adjoining family room. Upstairs, rooms for play, work or relaxation join 6 bedrooms. The enviable multi-room master wing has his and hers bathrooms, 3 of the home's 7 fireplaces and lovely views of the grounds. The landscaped lot, which is 1.27 quiet acres, offers a pool beyond a lush lawn and lengthy terrace. Some first floor rooms do not have central air conditioning. Tax assessment has been lowered from 3.763,300 in 2013 to 3,386,300 in 2014. Taxes at 2013 rate would be 72,162. The 2014 rate should be determined by August 2014.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017