18 Warne Road
About This Property
Additional highlights include a 2-car garage, a backyard deck perfect for future entertaining, and a partially finished basement offering flexible space for recreation, storage, or future expansion. The nearby golf course not only enhances the setting with open green space and peaceful surroundings, but also offers a lifestyle benefit for golf enthusiasts or those who simply appreciate a more scenic backdrop.
This home does require updates and is being offered as an excellent opportunity for buyers with vision--whether you're an investor, contractor, or a homeowner ready to put in some work and truly make a home your own. With strong bones, a desirable floor plan, and located in a town known for its convenience to major roadways, shopping, and commuter access, the upside here is undeniable.
If you've been waiting for the right property to create equity and personalize to your taste, this is the one that delivers both value and potential in one of Middlesex County's most established markets.
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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%.
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 22, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by RE/MAX First Realty | $650,000 | |
| Listed by RE/MAX First Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017