$419,900
●
House -
Off Market
22 MORNINGSIDE DR
PENNINGTON, NJ 08534
3 Beds
2 Baths,
1
Half Bath
1,484 Ft²
$423,155
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
THIS INVITING 3 BEDROOM RANCH OFFERS GREAT SPACE AND AN OPEN
FLOW!
THIS HOME IS SUPERBLY LOCATED AS IT IS WALKING DISTANCE TO MIDDLE & HIGH SCHOOLS, LIBRARY, STORES, RESTAURANTS AND AN EASY WALK INTO PENNINGTON. AS YOU ENTER YOU WILL DISCOVER THE SPACIOUS LIVING ROOM WITH A FIREPLACE AND IT OPENS INTO THE DINING ROOM. ADJACENT TO THE DINING ROOM DISCOVER THE EAT-IN KITCHEN WITH A NEW WALL OVEN AND AN ABUNDANCE OF CABINETS. OFF THE DINING FLOWS THE FAMILY ROOM PROVIDING ADDITIONAL LIVING SPACE TO RELAX AND UNWIND. THE FULL FINISHED BASEMENT CREATES A GREAT SPACE FOR A MAN CAVE OR A GAME ROOM WITH A SEPARATE ROOM FOR HOBBIES AND STORAGE. NOT TO BE MISSED IS THE TWO CAR GARAGE WHICH ALSO PROVIDES ADDITIONAL STORAGE. THE SIZABLE BACKYARD FEATURING A DECK WITH AN ELECTRIC AWNING WILL GIVE YOU LOADS OF OUTDOOR ENTERTAINING AND FUN. AN ADDED BONUS IS THE THREE ZONE HEAT (Living Space, Bedrooms & Basement). BRAND NEW WELL PUMP 2019, ROOF RECENT AND HOT WATER HEATER 2019. Septic "AS IS". Septic Needs Replacement. Home is being sold "AS IS". However, the home has been lovingly maintained. * CANCELED* (Public) Sun, Apr 2 1:00 PM - 3:00 PM
THIS HOME IS SUPERBLY LOCATED AS IT IS WALKING DISTANCE TO MIDDLE & HIGH SCHOOLS, LIBRARY, STORES, RESTAURANTS AND AN EASY WALK INTO PENNINGTON. AS YOU ENTER YOU WILL DISCOVER THE SPACIOUS LIVING ROOM WITH A FIREPLACE AND IT OPENS INTO THE DINING ROOM. ADJACENT TO THE DINING ROOM DISCOVER THE EAT-IN KITCHEN WITH A NEW WALL OVEN AND AN ABUNDANCE OF CABINETS. OFF THE DINING FLOWS THE FAMILY ROOM PROVIDING ADDITIONAL LIVING SPACE TO RELAX AND UNWIND. THE FULL FINISHED BASEMENT CREATES A GREAT SPACE FOR A MAN CAVE OR A GAME ROOM WITH A SEPARATE ROOM FOR HOBBIES AND STORAGE. NOT TO BE MISSED IS THE TWO CAR GARAGE WHICH ALSO PROVIDES ADDITIONAL STORAGE. THE SIZABLE BACKYARD FEATURING A DECK WITH AN ELECTRIC AWNING WILL GIVE YOU LOADS OF OUTDOOR ENTERTAINING AND FUN. AN ADDED BONUS IS THE THREE ZONE HEAT (Living Space, Bedrooms & Basement). BRAND NEW WELL PUMP 2019, ROOF RECENT AND HOT WATER HEATER 2019. Septic "AS IS". Septic Needs Replacement. Home is being sold "AS IS". However, the home has been lovingly maintained. * CANCELED* (Public) Sun, Apr 2 1:00 PM - 3:00 PM
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$283
Property Type
House
Property Taxes
$756
HOA Dues
-
Year Built
1961
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #NJME2028212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | In contract | - | |
| In contract | |||
| Mar 27, 2023 | Listed by Keller Williams Real Estate - Princeton | $419,900 | |
| Listed by Keller Williams Real Estate - Princeton | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jacquelyn Stockman
Keller Williams Real Estate - Princeton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME2028212
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Keller Williams Real Estate - Princeton
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME2028212
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