25 PHAETON DRIVE
About This Property
Outside, the oversized detached garage offers enough space for conversion into a 2-car garage, complete with electricity, storage, and a workbench. The newly fenced-in backyard ensures privacy and is perfect for hosting parties or creating your dream garden, complete with a rain-catching system. Located in desirable Hamilton Twp, this home offers easy access to major highways, including I-295, I-95, and the NJ Turnpike, making commuting a breeze. You'll be minutes from shopping centers, dining options, and Hamilton Train Station, providing a quick route to New York City and Philadelphia.Open House: Saturday & Sunday, 10-12pm!
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by EXP Realty, LLC | $365,000 | |
| Listed by EXP Realty, LLC | |||
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by Keller Williams Hometown | $280,000 | |
| Listed by Keller Williams Hometown | |||
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Welcome home to 25 Phaeton Drive located in desirable Hamilton Square! This 3 bed 1 bath Ranch home is ready for new owners. The home has new siding and a new roof. Open concept living space as the living room is open to the updated eat in kitchen with brand new flooring, granite countertops and beautiful custom cabinetry. The bathroom has been fully renovated and features a new ceiling, updated tile and a new vanity. All systems are newer making this a stress-free move! Oversized detached garage is fully equipped with electric and enough space for 2 cars plus added storage and a workbench. The backyard is also larger than many others in the neighborhood and features a 30x50 fenced In garden! Come check this one out today!!
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About Hamilton Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017