3 Princeton Rd
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 |
|---|---|---|---|
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
| Jan 28, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 9, 2021 | Listed by RE/MAX Executive Realty | $80,000 | |
| Listed by RE/MAX Executive Realty | |||
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Stylish lot in beautiful Sterling. Next to mls #72862033, 5 Princeton Road. House removed a few years ago and lot is clear and beautiful. Buyer must do all due diligence. Seller not providing title five. Great opportunity to build your dream house.
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| May 31, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2017 | Listed by Gordon Real Estate | $59,900 | |
| Listed by Gordon Real Estate | |||
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Excellent opportunity to renovate this charming piece of history in desirable Sterling. The house needs a massive amount of work and for that reason ONLY cash offers will be considered. Seller has never lived at the property. Buyer must do all due diligence prior to making an offer as offers with inspection contingencies will not be accepted. Seller will not be providing a title 5 or smoke certs and will not consider offers contingent upon buyer obtaining a title 5. Best to assume it needs a new septic and the property has been priced accordingly. Not for the faint of heart but there is a lot of potential to bring this old beauty back to life!
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