$520,000
●
House -
Off Market
293 CEDAR AVE
SOMERSET, NJ 08873
4 Beds
3 Baths,
1
Half Bath
2,480 Ft²
$714,072
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
Unit Size
2,480 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019
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Cap Rate Calculator
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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: 4 years ago (Bright MLS #NJSO112454)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2019 | No longer available | - | |
| No longer available | |||
| Oct 18, 2019 | Listed by BHHS Fox & Roach-Princeton Junction | $515,000 | |
| Listed by BHHS Fox & Roach-Princeton Junction | |||
| May 4, 2019 | Listed | $529,000 | |
| Listed | |||
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Brand new home being offered by a local hands on builder. This home is custom built and spacious with many custom features and quality craftsmanship. A formal living room, dining room & family room with eat in kitchen compliment the first level. Three story living with loft on 3rd level. Master B/R suite offers a sitting area and large closet. Don't delay. Act now and customize your new home with cabinetry, flooring, counter tops, paint and more. Centrally located near major arteries including Route 287, 22, 27 and NYC.A short distance from 2 renowned hospitals, shopping, Bridgewater Mall and transportation. Located in Franklin Township School District and short distance to elementary school. All room sizes are approximate and will be final once construction completed. Expected completion is September 2019. The manager has listed the unit size as 2480 square feet.
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| Jul 30, 2017 | Listed | $419,000 | |
| Listed | |||
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Custom Colonial To Be Built or lot for sale. 3 Bedrooms, 2.5 Baths, Full Unfinished Basement. Backs to Township exempted fields .Huge Pantry, Cozy Family room ,Kitchen with Breakfast area. A three panel Bay Window brightens the spacious Dining room. Numerous walk-in closets complete the second story. Close to Schools (see Pictures) Spooky Brook Golf Course and Colonial Park. Near RTs 287,22 and 78. Rutgers University , Princeton University and Raritan Community College. Somerville and New Brunswick are two cultural cities close by as well as Bridgewater Commons Mall. Can be built on 293 Cedar also. TBBThe manager has listed the unit size as 2091 square feet.
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Franklin Center
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Listed by: Nicolas DiMeglio
BHHS Fox & Roach-Princeton Junction
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJSO112454
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BHHS Fox & Roach-Princeton Junction
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# NJSO112454
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