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40 OLIVIA WAY
About This Property
Set in Chesterfield Township, 40 Olivia Way offers 3,074 sq ft, 4 bedrooms, 2.5 baths, a 2-car side-entry garage, and convenient access to the NJ Turnpike, Route 206, and Route 130. Wood floors run across the entire first and second floors, giving the main living areas a clean, connected feel. The kitchen brings together stainless steel appliances, generous counter space, a large breakfast area, and wide windows that draw in natural light. Just off the kitchen, the family room adds a fireplace for a comfortable everyday gathering space. The primary suite stands out with dual walk-in closets, a tray ceiling, and a spa-like bath with a corner jetted tub, walk-in shower, dual sink vanity, and private water closet. The fully finished basement expands the usable living space for media, recreation, fitness, work, or hobbies. Smart-home upgrades include Wi-Fi switches and multiple wireless access points designed to support broad coverage throughout the home. Outside, enjoy the front porch, wooded rear setting, and side pond with fountain, all with the added benefit of no HOA. Schedule your private tour and get ready to call this one "Home."
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by BHHS Fox & Roach - Robbinsville | $875,000 | |
| Listed by BHHS Fox & Roach - Robbinsville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017