$166,500
●
Condo -
Off Market
289 Main Street #3B
Spotswood, NJ 08884
1 Bed
1 Bath
$882
Est. Monthly
14.19%
Cap Rate
About This Property
Great investment opportunity! 1 bed, 1 bath, 2nd floor unit.
Laminate floors, ceiling fans, but needs updating. Water, sewer and
heat are included in the monthly maintenance fee. Laundry onsite.
 Being sold AS-IS, no repairs, no credits, Buyer responsible
for any Township inspections.
Unit Size
-
Days on Market
32 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$194
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.
You can learn more about cap rate here .
Last updated: 11 months ago (CJMLS #2354006M)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 25, 2024 | Listed by ERA CENTRAL LEVINSON | $140,000 | |
| Listed by ERA CENTRAL LEVINSON | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Features: Eat-in Kitchen
Full Bathrooms: 1
Interior Features: 1 Bedroom, Bath Full, Kitchen, Living Room, None
Appliances: Dishwasher, Gas Range/Oven, Refrigerator, Water Heater
Flooring Type: Ceramic Tile, Laminate
Rooms: 4
Exterior Details
Curbs
PropertySubType: Condo/TH
Levels: One, 2nd Floor
Stories (Total): 2
Lot Size Area: 0.0364
Lot Size Acres: 0.0364
Parcel Number: 24001040000000020000C0302
Water Source: Public
Financial Details
Tax Annual Amount: $2,328
Tax Year: $2,023
Utilities Details
Utilities: Cable Connected, Electricity Connected
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Maintenance Structure, Heat, Insurance, Sewer, Trash, Water
Association Fee2 Frequency: Monthly
Community Features: Curbs
Pets Allowed: Yes
289 Main Street #3B, Spotswood, NJ, 08884
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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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/18/2024
|
2 Bed
|
1 Bath
|
-
|
$239,000
2 Bed
1 Bath
|
$214,000
-10.46%
01/23/2025
|
-
|
LINDA BUSICHIO
DIANE TURTON, REALTORS
| |
|
10/11/2024
|
2 Bed
|
1 Bath
|
-
|
$239,900
2 Bed
1 Bath
|
$235,000
-2.04%
11/18/2024
|
-
|
Alyson Kelly
ERA Central Realty Group
| |
|
02/25/2024
|
1 Bed
|
1 Bath
|
-
|
$140,000
1 Bed
1 Bath
|
$166,500
+18.93%
03/28/2024
|
-
|
Dorothy Redding
ERA Central Levinson
| |
|
02/16/2024
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
$185,000
+3.35%
04/05/2024
|
-
|
Peter Girgis
Golden Key Realty
| |
|
10/30/2023
|
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
$190,000
+2.70%
12/29/2023
|
-
|
NICHOLAS NOVELLO
RE/MAX FIRST REALTY, INC.
| |
|
10/22/2023
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$170,253
+3.18%
12/11/2023
|
-
|
NICHOLAS NOVELLO
RE/MAX FIRST REALTY, INC.
| |
|
08/15/2023
|
Loft
|
1 Bath
|
-
|
$174,900
Loft
1 Bath
|
$183,000
+4.63%
09/12/2023
|
-
|
BHUPINDERPAL SINGH
MJ HOMES REALTY, LLC.
| |
|
07/27/2023
| |
Loft
|
1 Bath
|
-
|
$150,000
Loft
1 Bath
|
$165,000
+10.00%
08/28/2023
|
-
|
Kristen Benedict
Agosta Realty Group LLC
|
|
07/27/2023
|
1 Bed
|
1 Bath
|
644 ft²
|
$150,000
1 Bed
1 Bath
644 ft²
|
$165,000
+10.00%
08/29/2023
|
Kristen Benedict
Agosta Realty Group LLC
| ||
|
05/18/2023
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
$150,000
+15.38%
07/12/2023
|
-
|
John Horvath
Weichert Realtors-Old Bridge
| |
|
05/01/2023
|
1 Bed
|
1 Bath
|
672 ft²
|
$109,900
1 Bed
1 Bath
672 ft²
|
$109,000
-0.82%
06/05/2023
|
-
|
Antoinette Pagano
Keller Williams Realty West Monmouth
| |
|
03/18/2023
|
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
$160,000
+6.67%
09/27/2023
|
EVA ACEVEDO
RE/MAX FIRST CLASS
| ||
|
02/09/2023
|
1 Bed
|
1 Bath
|
756 ft²
|
$160,000
1 Bed
1 Bath
756 ft²
|
$150,000
-6.25%
06/12/2023
|
-
|
Stefanie Prettyman
Keller Williams Real Estate - Princeton
| |
|
01/20/2023
|
1 Bed
|
1 Bath
|
672 ft²
|
$144,900
1 Bed
1 Bath
672 ft²
|
$144,000
-0.62%
03/06/2023
|
PETER GIRGIS
Golden Key Realty
| ||
|
11/04/2022
|
1 Bed
|
1 Bath
|
-
|
$149,900
1 Bed
1 Bath
|
$150,000
+0.07%
12/05/2022
|
-
|
Bobbi Lebbing
New Jersey Realty
| |
|
10/08/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
10/08/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
10/01/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
10/01/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
11/11/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/18/2022
|
1 Bed
|
1 Bath
|
-
|
$142,900
1 Bed
1 Bath
|
$127,500
-10.78%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/18/2022
|
2 Bed
|
1 Bath
|
-
|
$159,900
2 Bed
1 Bath
|
$161,000
+0.69%
11/16/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/17/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/17/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
12/29/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/14/2022
|
1 Bed
|
1 Bath
|
-
|
$144,900
1 Bed
1 Bath
|
$127,500
-12.01%
11/11/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
09/08/2022
|
1 Bed
|
1 Bath
|
-
|
$139,999
1 Bed
1 Bath
|
$147,000
+5.00%
10/07/2022
|
-
|
WASSIM AYOUB
RE/MAX FIRST REALTY, INC.
| |
|
07/07/2022
|
1 Bed
|
1 Bath
|
-
|
$154,900
1 Bed
1 Bath
|
$165,000
+6.52%
09/26/2022
|
-
|
NAVEEN SHARMA
FOUR POINT REALTY, LLC
| |
|
06/24/2022
|
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
-
-
|
-
|
Jennifer Torres
Coldwell Banker Realty
| |
|
06/08/2022
|
1 Bed
|
1 Bath
|
-
|
$154,900
1 Bed
1 Bath
|
$140,000
-9.62%
09/26/2022
|
-
|
SUSANNA LEE
COLDWELL BANKER REALTY
| |
|
05/18/2022
|
1 Bed
|
1 Bath
|
-
|
$142,000
1 Bed
1 Bath
|
$152,000
+7.04%
07/21/2022
|
-
|
SUSANNA LEE
COLDWELL BANKER REALTY
| |
|
03/11/2022
|
1 Bed
|
1 Bath
|
-
|
$149,900
1 Bed
1 Bath
|
$152,000
+1.40%
06/21/2022
|
DEBORAH EISENBREY
ACTION PLUS REALTY C-21
| ||
|
03/02/2022
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
$142,250
+9.51%
05/17/2022
|
-
|
Sanjay Sanyal
Jack Pedersen Realty
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
$141,000
+4.44%
04/01/2022
|
-
|
Deborah Eisenbrey
Century 21 Action Plus Realty - Cream Ridge
| |
|
02/02/2022
|
Loft
|
1 Bath
|
-
|
$1,550
Loft
1 Bath
|
-
-
|
-
|
JOSEPH GORETSKIE
GREEN LIGHT REALTY LLC
| |
|
11/02/2021
|
1 Bed
|
1 Bath
|
756 ft²
|
$149,000
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
THOMAS GRECO
KELLER WILLIAMS CORNERSTONE
| |
|
10/28/2021
|
1 Bed
|
1 Bath
|
672 ft²
|
$129,900
1 Bed
1 Bath
672 ft²
|
$130,000
+0.08%
01/07/2022
|
-
|
Eva Acevedo
Weichert Realtors-Middletown
| |
|
10/23/2021
|
Loft
|
1 Bath
|
868 ft²
|
$1,750
Loft
1 Bath
868 ft²
|
-
-
|
-
|
DINAMARIE PLUCHINO
GREEN LIGHT REALTY LLC
| |
|
08/26/2021
|
2 Bed
|
1 Bath
|
-
|
$154,999
2 Bed
1 Bath
|
$150,000
-3.23%
09/30/2021
|
-
|
BRITTNEY POLLINS
ACTION PLUS REALTY C-21
| |
|
08/13/2021
|
1 Bed
|
1 Bath
|
-
|
$100,000
1 Bed
1 Bath
|
$105,500
+5.50%
10/08/2021
|
-
|
ROBERT GOLDEN
RE/MAX SELECT
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
672 ft²
|
$124,900
1 Bed
1 Bath
672 ft²
|
$129,000
+3.28%
09/14/2021
|
DENISE MEYERS
GREEN LIGHT REALTY LLC
| ||
|
06/10/2021
|
Loft
|
1 Bath
|
868 ft²
|
$1,750
Loft
1 Bath
868 ft²
|
-
-
|
-
|
JOSEPH GORETSKIE
GREEN LIGHT REALTY LLC
| |
|
06/02/2021
|
2 Bed
|
1 Bath
|
-
|
$145,000
2 Bed
1 Bath
|
$155,000
+6.90%
08/05/2021
|
HEATHER PITTS SCHON
RE/MAX DREAMS
| ||
|
05/07/2021
|
1 Bed
|
1 Bath
|
-
|
$110,000
1 Bed
1 Bath
|
$132,000
+20.00%
07/14/2021
|
KATHLEEN GAMBINO
DAVIS REALTORS
| ||
|
10/18/2020
|
Loft
|
1 Bath
|
-
|
$109,000
Loft
1 Bath
|
-
-
|
-
|
-
| |
|
09/13/2020
|
Loft
|
1 Bath
|
644 ft²
|
$1,650
Loft
1 Bath
644 ft²
|
-
-
|
-
|
-
| |
|
09/12/2020
|
1 Bed
|
1 Bath
|
-
|
$110,000
1 Bed
1 Bath
|
$100,000
-9.09%
02/11/2021
|
Augusta Gravina
Realty One Group Central
| ||
|
09/01/2020
|
1 Bed
|
1 Bath
|
-
|
$99,000
1 Bed
1 Bath
|
$105,000
+6.06%
12/03/2020
|
SHIRLEE COLANDUONI
C-21 VAN SYCKEL ~ GOLDEN POST
| ||
|
08/28/2020
|
Loft
|
1 Bath
|
672 ft²
|
$120,000
Loft
1 Bath
672 ft²
|
$105,000
-12.50%
12/08/2020
|
YVONNE FRANCOIS
| ||
|
07/26/2020
|
1 Bed
|
1 Bath
|
672 ft²
|
$109,900
1 Bed
1 Bath
672 ft²
|
$100,000
-9.01%
10/02/2020
|
-
|
LINDA STULACK
BHHS DIVERSIFIED REALTY
| |
|
07/11/2020
|
Loft
|
1 Bath
|
-
|
$1,300
Loft
1 Bath
|
-
-
|
-
|
-
| |
|
06/13/2020
| |
Loft
|
1 Bath
|
644 ft²
|
$1,200
Loft
1 Bath
644 ft²
|
-
-
|
-
|
-
|
|
05/16/2020
|
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
$133,000
-4.93%
06/26/2020
|
-
|
Evelyn Lenard
RE/MAX Central - Manalapan
| |
|
05/14/2020
|
Loft
|
1 Bath
|
868 ft²
|
$1,500
Loft
1 Bath
868 ft²
|
-
-
|
-
|
-
| |
|
03/26/2020
|
Loft
|
1 Bath
|
-
|
$129,000
Loft
1 Bath
|
$110,000
-14.73%
06/01/2020
|
ANIL AGGARWAL
| ||
|
12/17/2019
|
2 Bed
|
1 Bath
|
-
|
$139,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
09/23/2019
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
$95,000
10/18/2019
|
-
|
Sujatha Bhaskara
Keller Williams Realty West Monmouth
| |
|
06/21/2019
|
1 Bed
|
1 Bath
|
-
|
$89,000
1 Bed
1 Bath
|
$95,000
+6.74%
09/30/2019
|
Sujatha Bhaskara
Keller Williams Realty West Monmouth
| ||
|
04/21/2019
|
2 Bed
|
1 Bath
|
-
|
$119,500
2 Bed
1 Bath
|
$119,500
05/30/2019
|
-
|
JOYCE GAMBILONGHI
RE/MAX FIRST REALTY, INC.
| |
|
04/02/2019
|
2 Bed
|
1 Bath
|
868 ft²
|
$139,900
2 Bed
1 Bath
868 ft²
|
$129,000
-7.79%
08/16/2019
|
URSULA FILIPE
| ||
|
01/29/2019
|
1 Bed
|
1 Bath
|
-
|
$89,900
1 Bed
1 Bath
|
$87,000
-3.23%
02/21/2019
|
-
|
JOSEPH GORETSKIE
GREEN LIGHT REALTY LLC
| |
|
01/21/2019
|
1 Bed
|
1 Bath
|
-
|
$89,900
1 Bed
1 Bath
|
$86,000
-4.34%
02/21/2019
|
-
|
JOSEPH GORETSKIE
GREEN LIGHT REALTY LLC
| |
|
01/18/2019
|
1 Bed
|
1 Bath
|
-
|
$89,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
01/16/2019
|
1 Bed
|
1 Bath
|
-
|
$89,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
12/02/2018
|
1 Bed
|
1 Bath
|
-
|
$99,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
11/22/2018
|
1 Bed
|
1 Bath
|
-
|
$69,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
09/25/2018
|
2 Bed
|
1 Bath
|
-
|
$129,900
2 Bed
1 Bath
|
$125,000
-3.77%
12/12/2018
|
-
|
Carl SanFilippo
RE/MAX First Realty
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
08/07/2018
|
1 Bed
|
1 Bath
|
-
|
$84,900
1 Bed
1 Bath
|
$77,000
-9.31%
11/02/2018
|
MARTIN A. RIZZI
| ||
|
06/07/2018
|
2 Bed
|
1 Bath
|
-
|
-
|