$464,900
●
House -
Off Market
2416 PENNINGTON
PENNINGTON, NJ 08534
4 Beds
1 Bath,
1
Half Bath
1,950 Ft²
$479,072
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Many more pictures to follow. A large beautiful
remodeled home. Many new upgrades. new appliances. New
Roof . Very Deep Back Property - Light And Bright Rooms With
An Open Airy Floorplan. Large Living Room With Bay Window.
A lot of off street parking. A stunning well appointed Kitchen. ( with a variance, this property may have commercial use )
A lot of off street parking. A stunning well appointed Kitchen. ( with a variance, this property may have commercial use )
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$238
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1955
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Cap Rate
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: 2 years ago (Bright MLS #NJME2026312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Feb 1, 2023 | No longer available | - | |
| No longer available | |||
| Jan 31, 2023 | Listed by Keller Williams Premier | $464,900 | |
| Listed by Keller Williams Premier | |||
| | |||
|
Many more pictures to follow. A large beautiful remodeled home. Many new upgrades. new appliances. New Roof . Very Deep Back Property - Light And Bright Rooms With An Open Airy Floorplan. Large Living Room With Bay Window.
A lot of off street parking. A stunning well appointed Kitchen. ( with a variance, this property may have commercial use )
| |||
| Oct 27, 2022 | Price Decreased |
$464,900
↓ $34K
(6.8%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mercer
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Listed by: William A Bauer
Keller Williams Premier
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJME2026312
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Keller Williams Premier
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJME2026312
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