$225,000
●
House -
Off Market
1337 LOWER FERRY RD
TRENTON, NJ 08618
2 Beds
2 Baths
1,304 Ft²
$309,200
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Recently updated Ranch close to the College of NJ. Georgeous
new updated eat-in kitchen with custom made cherry cabinets, tile
back-splash, laminate flooring and nice lighting. Living room
with wood burning stove and new laminate flooring which flows into
the formal dining area. The master bedroom is a dream with
vaulted ceilings, custom built built-ins, crown moldings, new
carpet & a stunning master bath. Completing the main living level
is a nice sized 2nd bedroom, updated hall bath and first floor
laundry room. There is a full baseent for all your storage needs,
could easily be finished for more living space. Outside is a newer
deck, fencing and storage shed situated on an oversized lot. Other
updates include fresh neutral paint, ligting fixtures, doors and
moldings. Appliance package included. Lots of charm and
character abound, must be seen to be appreciated. Nothing to do but
unpack!
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$171
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1950
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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 #NJME296168)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by Keller Williams Elite Realtors | $223,000 | |
| Listed by Keller Williams Elite Realtors | |||
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by Smires & Associates | $224,000 | |
| Listed by Smires & Associates | |||
| | |||
|
Recently updated Ranch close to the College of NJ. Gorgeous new updated eat-in kitchen with custom made cherry cabinets, tile back-splash, laminate flooring and nice lighting. Living room with wood burning stove and new laminate flooring which flows into the formal dining area. The master bedroom is a dream with vaulted ceilings, custom built built-ins, crown moldings, new carpet & a stunning master bath. Completing the main living level is a nice sized 2nd bedroom, updated hall bath & first floor laundry room. There is a full basement for all your storage needs, could easily be finished for more living space or hanging out. Outside is a newer deck, fencing & storage shed situated on a over sized lot. Other updates include fresh neutral paint, lighting fixtures, doors & moldings. Appliance package included. Lots of charm & character abound, must be seen to be appreciated. Nothing to do but unpack!
| |||
| Feb 5, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Mercer
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Listed by: Rema Chepulis
Keller Williams Elite Realtors
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJME296168
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.
Keller Williams Elite Realtors
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJME296168
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