49 WALLACE ROAD
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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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed | $560,000 | |
| Listed | |||
| | |||
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Walk across to the Princeton Junction Train Station from this 3 Bedroom Ranch. Newly renovated Bathrooms 3 Bedrooms with a SUNROOM. Overhead lights in all rooms Cedar wood closets, Tankless Water heater with newer Furnace/HVAC. Serene Backyard with attached Garage.
Highest and best by Monday April 14, 2025, by 5PM
| |||
| Jun 11, 2014 | Sold | ||
| Sold | |||
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About Princeton Junction
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017