$220,000
●
House -
Off Market
5 DORSET DR
EWING, NJ 08618
3 Beds
2 Baths,
1
Half Bath
1,328 Ft²
$248,777
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Easy, One-Level Living! This Bright Ranch Style Home has been
freshly painted throughout and features NEW Laminate Flooring (
June 2021). You'll love the Open Floor Plan, Eat-In-Kitchen,
Updated Bathrooms, Spacious Living Room and Formal Dining Room.
Additional Features include a Main Floor Laundry Room, Large
Backyard and Driveway Parking. Close to TCNJ and easy access to 29,
295, and the Hamilton Train Station.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$173
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1952
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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: 4 years ago (Bright MLS #NJME311362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by RE/MAX Tri County | $229,999 | |
| Listed by RE/MAX Tri County | |||
| Dec 31, 2020 | No longer available | - | |
| No longer available | |||
| Jun 28, 2020 | Listed | $209,900 | |
| Listed | |||
| | |||
|
Presently rented at $2,145 per month. New roof. Within walking distance to The College of NJ campus however not currently rented to students. Family room was previously used as a 4th. bedroom. Current effective dates are May 18th. 2019 through May 31, 2021. Tenants pay gas, electric, water, sewer, and are responsible for lawn care, and snow removal. Tenants have deposited one and one-half month's security. The manager has listed the unit size as 1328 square feet.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
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About Mercer
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Listed by: Joan George
RE/MAX Tri County
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJME311362
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.
RE/MAX Tri County
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJME311362
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