$590,000
●
House -
Off Market
302 Alden Avenue
Edison, NJ 08820
3 Beds
3 Baths,
1
Half Bath
$589,554
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This lovely East-facing home in North Edison is a must see! A
charming colonial featuring three bedrooms and two and half baths
and is located on a spacious corner lot. The first floor has an
updated eat-in-kitchen, den, living room, formal dining room, half
bath and laundry room. The second floor features the master bedroom
with en suite, two additional bedrooms and the main bath. The home
also has a one-car garage with a custom made workbench. This home
also boasts numerous upgrades to very important big ticket items
such as a new roof, new windows, new siding and a new heating and
cooling system. Property is zoned for the North Edison school
district. Property is conveniently located close to the GSP, train
stations, shopping centers and Oak Tree.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$898
HOA Dues
-
Year Built
1981
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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: 3 years ago (MOMLS #22203646)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by WEICHERT CO REALTORS | $585,000 | |
| Listed by WEICHERT CO REALTORS | |||
| | |||
|
This lovely East-facing home in North Edison is a must see! A charming colonial featuring three bedrooms and two and half baths and is located on a spacious corner lot. The first floor has an updated eat-in-kitchen, den, living room, formal dining room, half bath and laundry room. The second floor features the master bedroom with en suite, two additional bedrooms and the main bath. The home also has a one-car garage with a custom made workbench. This home also boasts numerous upgrades to very important big ticket items such as a new roof, new windows, new siding and a new heating and cooling system. Property is zoned for the North Edison school district. Property is conveniently located close to the GSP, train stations, shopping centers and Oak Tree.
| |||
Property Highlights
Garage
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 Middlesex
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Listed by: Michelle Smith, Weichert Realtors-Old Bridge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22203646
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22203646
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017