32 William Street
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Listed by WEICHERT CO REALTORS | $999,000 | |
| Listed by WEICHERT CO REALTORS | |||
| Aug 5, 2025 | Listed | $1,150,000 | |
| Listed | |||
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What happens when a timeless 1910 home gets a thoughtful, modern glow-up- just blocks from the train and downtown Metuchen? You get 32 William Street: a home that blends century-old character with fresh updates, smart systems, and a lifestyle that's hard to top. This five-bedroom, four-bath home features hardwood floors, classic moldings, and preserved trim details that speak to its rich history - while updated systems, a reimagined kitchen, and refined finishes offer modern-day comfort and efficiency. Notable amenities include a steam shower, another jetted shower, radiant heated floors in the upstairs baths and enclosed front porch, plus Alexa-enabled smart switches and locks. Additional features include a central vacuum system, reverse osmosis water filtration, landscape lighting, a tankless hot water heater, and two-zone boilers for optimal performance. The large full basement offers ample storage, while the private backyard, spacious deck, and detached one-car garage round out the exterior. And the location? Just blocks from downtown Metuchen- where local restaurants buzz, community events fill the calendar, and the train station provides a quick, convenient NYC commute. Historic charm. Smart upgrades. An accessible, connected lifestyle. Welcome to 32 William- your next chapter starts here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017