$400,000
●
House -
Off Market
331 WESTMORELAND DRIVE
EWING, NJ 08618
4 Beds
1 Bath,
1
Half Bath
1,351 Ft²
$2,441
Est. Monthly
10.24%
Cap Rate
About This Property
Welcome to this beautifully updated Cape Cod home offering
comfort, convenience, and charm. This 4-bedroom, 1.5-bath gem
features modern upgrades throughout, making it the perfect blend of
classic character and contemporary living. Step inside to find a
bright and inviting living space. The updated kitchen boasts
stylish finishes, while the well-appointed bedrooms provide
flexibility for family, guests, or a home office. Outside, the
extended driveway offers ample parking, and the spacious
backyard-with a huge rear shed-provides plenty of room for storage,
hobbies, or outdoor fun. This home is close to shopping, dining,
and major roadways for easy commuting.
Unit Size
1,351 Ft²
Days on Market
41 days
Land Size
0.11 acres
Price per sqft
$278
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1953
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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: 2 years ago (Bright MLS #NJME2054986)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully updated Cape Cod home offering comfort, convenience, and charm. This 4-bedroom, 1.5-bath gem features modern upgrades throughout, making it the perfect blend of classic character and contemporary living. Step inside to find a bright and inviting living space. The updated kitchen boasts stylish finishes, while the well-appointed bedrooms provide flexibility for family, guests, or a home office. Outside, the extended driveway offers ample parking, and the spacious backyard—with a huge rear shed—provides plenty of room for storage, hobbies, or outdoor fun. This home is close to shopping, dining, and major roadways for easy commuting.
| |||
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
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 Mercer
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Listed by: Sixto Otoniel Flores Payano
Arya Realtors
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME2054986
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Arya Realtors
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME2054986
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