339 MT LUCAS
About This Property
Excellent potential! Located on .51 acres and within minutes to downtown Princeton. This 1950's ranch is a diamond in the rough... Hardwood floors, fireplace with a brick surround, a full basement, and a large cleared lot. A rare find; not too many left in town. The property is being sold in AS-IS condition. Endless possibilities await new owners.
Showing times 12-4:00 pm this Friday, November 14th, Saturday, November 15th, Sunday, November 16th and Monday, November 17th. Showings must be confirmed!
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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 |
|---|---|---|---|
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by BHHS Fox & Roach - Princeton | $750,000 | |
| Listed by BHHS Fox & Roach - Princeton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017