224 LANDER DR
About This Property
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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 |
|---|---|---|---|
| Aug 27, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed by Coldwell Banker Residential Brokerage - Princeton | $310,000 | |
| Listed by Coldwell Banker Residential Brokerage - Princeton | |||
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Wow! Charming, stylish, intelligently updated custom home in Hamilton Square. This house is like new, there is nothing to do here--just move in and enjoy! Look at all the upgrades installed since 2016: new roof, new vinyl siding, new water heater, new concrete driveway and patio, new gigantic (20 x 18) Trex deck, new oversized shed, new PVC fencing, new appliances (refrigerator with new water line, range, dishwasher, microwave, washer, dryer), new copper and PEX plumbing piping throughout, new windows/sliding door/tile flooring in sunroom, new recessed lighting in kitchen and dining room, new tile flooring in foyer, new storm (screen) door, new pull-down stairs for attic access, new fixtures on all sinks, new granite vanity top in upstairs bath. Furnace, air conditioning and all windows were replaced in 2014. Interior painted in attractive neutral colors in 2016. Flexible floor plan with fourth bedroom on main floor allows for downstairs office, playroom or guest room (with full bath just outside). Cheerful yard is fully fenced with landscaping maintained year-round. Full basement is wired to be finished and the wood, doors and molding for finishing it are included in the sale. This house is located on the border of Hamilton Square and Mercerville, two historical Hamilton neighborhoods that feature 19th and mid-20th century architecture and 21st century access to employment, shopping and recreational destinations. By car, it's fifteen minutes to downtown Trenton, less than twenty minutes to downtown Princeton. Ten minutes to Rider University, fifteen minutes to The College of New Jersey. Half an hour to the Joint Base McGuire-Dix-Lakehurst. Easy covered parking at Hamilton Train Station eight minutes away, with service to both New York City and Philadelphia (each about an hour and fifteen minutes by rail). Quick access to toll-free Route 195 means it's only forty-five minutes to the Jersey shore at Belmar or Asbury Park. Half an hour to New Hope, PA; one hour to Newark Airport. Within ten miles of the house are Shop-Rite, Wegmans, Whole Foods, Trader Joe's, and many other shopping options. Recreational opportunities abound at well appointed Mercer County Park, peaceful Sayen Gardens, and the spectacular Grounds for Sculpture, all just minutes away. School track: Sayen, Reynolds, Steinert. This lovingly cared for home is ready to welcome its new owners!
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| Jun 17, 2013 | Sold | ||
| Sold | |||
| Apr 1, 2013 | Listed by First Jersey Realty Group | $159,900 | |
| Listed by First Jersey Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017