158 CARTER ROAD
About This Property
The approximately 3,018 square foot interior has been redesigned with an expanded renovated kitchen, new first-floor flooring, refinished second floor floors, three updated bathrooms, which includes an expanded primary bath and a first floor full bath, as well as a finished attic offering flexible bonus space. The result is a rare combination of modern finishes, upgraded infrastructure, and long-term peace of mind.
Convenient to Princeton Junction, Route 295, the NJ Turnpike, Bucks County, downtown Princeton, and leading private schools including Princeton Day School, The Hun School, The Lawrenceville School, and Peddie School. A turnkey acreage property in an exceptional location.
Every aspect of this home has been completely upgraded, both cosmetically and mechanically. Recent improvements include a new roof, new underground aerobic septic system, new windows, updated plumbing, a new duct system, and a 200-amp electrical panel. The home is equipped with two new furnaces and two new air conditioning systems for optimal efficiency and comfort. The finished attic, fully insulated, offers additional flexible living space, while recessed lighting enhances the kitchen, living room, and attic areas.
The chef's kitchen is outfitted with premium Thermador appliances, custom high-end cabinetry, and sleek quartz countertops. All bathrooms have been fully remodeled with upscale finishes, including a spa-like soaking tub and fixtures from Ferguson. New flooring throughout the first floor and updated lighting fixtures complete the home's fresh, modern aesthetic.
Ideally located with easy access to Princeton Junction train station, Route 295, the NJ Turnpike, and nearby Bucks County, this property is also in close proximity to some of the area's most prestigious schools, including Princeton Day School, The Hun School, The Lawrenceville School, and Peddie School. Offering both privacy and convenience, 158 Carter Road presents a rare opportunity to own a turnkey home in a truly exceptional setting.
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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%.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$1,150,000
↓ $45K
(3.8%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$1,195,000
↓ $40K
(3.2%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$1,235,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by EXP Realty, LLC | $1,275,000 | |
| Listed by EXP Realty, LLC | |||
| Nov 14, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017