209 CASTLETON COURT
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $225,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
| Feb 20, 2025 | Listed | $186,865 | |
| Listed | |||
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This two-bedroom second-floor condo offers a fantastic opportunity for an Approved Moderate-Income Buyer looking for all the convenience and community perks of living in Brandon Farms. Just one block from the clubhouse, pool, tennis courts, and playground, this unit is move-in ready and thoughtfully updated. The kitchen shines with stainless steel appliances, granite counters, and a handy pass-through window. New flooring adds a fresh touch. Each bedroom has custom closets by Closets by Design to maximize storage as well as one in the hall. For ease of homeownership, additional updates include a newer HVAC system, windows, and water heater. This well-maintained condo is in a prime location with easy access to major roadways, corporate parks, shopping, and top-rated schools. This is a deed-restricted home and applicants must be household and income-certified with PCH BEFORE viewing the property. This is a wonderful opportunity to own in one of the area's most desirable communities!
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Callaway Henderson Sotheby's Int'l-Princeton
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# NJME2070852
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017