419 Middlesex Avenue
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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%.
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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 16, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | In contract | - | |
| In contract | |||
| Sep 16, 2023 | Listed by FOX & FOXX REALTY, LLC | $799,900 | |
| Listed by FOX & FOXX REALTY, LLC | |||
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Welcome to a piece of history in the heart of Metuchen! This charming Dutch Colonial home, originally built in the 1920s, has been meticulously updated to seamlessly blend vintage charm with modern convenience. With four spacious bedrooms and 2.5 updated bathrooms, this home offers ample space for your family's needs. The fully updated kitchen is a chef's dream, boasting contemporary appliances and stylish finishes. You'll find a perfect balance between the classic architectural elements of the past and the modern amenities of today. This home has undergone a comprehensive renovation, with all systems updated to ensure comfort, safety, and efficiency. Move in with peace of mind, knowing that the plumbing, electrical, and HVAC systems have been thoughtfully upgraded. Step outside into your own oasis - the beautiful gardens and landscaping surrounding the property create a tranquil retreat. Perfect for outdoor gatherings, gardening enthusiasts, or simply enjoying the serene atmosphere. There is a gardening/workshop outbuilding, 15 years young, completely rebuilt from the slab up with electricity and full overhead carriage door. One of the standout features of this property is its unbeatable location. Situated within minutes of the train station, commuting to New York City or other nearby destinations couldn't be more convenient. Metuchen's vibrant downtown, with its charming shops and multi-cultural restaurants, is also just a short stroll away. Don't miss this opportunity to own a piece of history that's been thoughtfully updated for modern living. Schedule your showing today and imagine the memories you'll create in this timeless Dutch Colonial home. More pictures to come on Tuesday. Showings begin September 30, 2023.
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About Metuchen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017