157 CARTER ROAD
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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.
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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 15, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 14, 2024 | Listed by Compass New Jersey, LLC - Moorestown | $599,900 | |
| Listed by Compass New Jersey, LLC - Moorestown | |||
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This beautifully updated ranch home features 3 bedrooms and 2 full bathrooms, offering a spacious and comfortable living experience. The stunning sunroom, adorned with new porcelain wood-look floors, provides a picturesque view of the park-like property. The home includes a 2-car garage and a new septic system installed in 2020. The large eat-in kitchen boasts a new skylight, granite countertops, stainless steel appliances, and new oven and microwave. The living room/family room showcases a beautiful fireplace with a newly added heat insert in 2023. Many upgrades throughout this sprawling ranch make it move-in ready. Its convenient location near major roadways, mass transit, dining, shopping, and just minutes from downtown Princeton adds to its appeal. Don't miss this opportunity to make this home yours!
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| Sep 9, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Keller Williams Premier | $400,000 | |
| Listed by Keller Williams Premier | |||
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COMPLETELY REDONE, THIS LIGHT FILLED RANCH HOME IS TRULY MOVE-IN READY! Set in a park-like setting, this home offers 3 Bedrooms with Gleaming Hardwood Floors, 2 Beautifully Updated Bathrooms, A Spacious Redone Kitchen with New Granite Counters, New Appliances and a Skylight; A 3 Season Sun-Room that covers the width of the house, with Floor to Ceiling Windows overlooking the spectacular, private, fenced backyard backing to open space, making it the perfect place to relax and entertain in! Almost every aspect of this home has been updated by the owners including a New Roof with Gutters & leaf Guards, New Siding, New Shutters, New A/C Unit, New Over-sized "Replacement By Anderson" Windows, New Carpet, Freshly Painted, New stainless Chimney Flue Liner and so much more! The home also has a large Basement that has Dri-Locked Walls, Freshly Painted Floors and a New Sump Pump with Battery back-up. Great Location close to both downtown Princeton and the village of Lawrenceville. Also close to orchards, trials & green spaces. Easy access to major roads for easy commuting. Excellent Lawrence Twp Schools.
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About Mercer
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017