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138 GARY DRIVE
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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%.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by ERA Central Realty Group - Cream Ridge | $525,000 | |
| Listed by ERA Central Realty Group - Cream Ridge | |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2022 | Listed by Keller Williams Premier | $350,000 | |
| Listed by Keller Williams Premier | |||
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Welcome to the home of award winning Azalea's!! This three bedroom one and a half bathroom home located in desirable Hamilton has so much to offer! Pride in ownership is clearly evident by the meticulously maintained landscaping. As you enter this home you will notice a fairly open floor plan, complete with living room, dining room, and kitchen all together. Unlike a traditional split level, this home has very high ceilings as you approach the upper level. All three bedrooms are on this level with the full bathroom. A nicely sized family room is in the lower level of the home complete with a newly renovated half bathroom. The home doesn't stop there! Through the back of the home there is a lovely screened in porch to take in those cool summer days and nights! The yard has so many perennials you will have to see for yourself!! There is still yet another basement level and one car garage for all your storage needs! ! Located conveniently close to route 195, route 1, NJ turnpike and the Hamilton train station you will want to get you appointment before it is too late!
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About Mercerville
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$3,995 /mo
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- 2,208 ft²
$3,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017