$309,000
●
House -
Off Market
5 RAY ST
EWING, NJ 08638
4 Beds
3 Baths,
1
Half Bath
1,884 Ft²
$466,107
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Luxuriously renovated 15- year old 4 bed/2. .5 bath colonial home
in Ewing, less than a mile from TCNJ !Large, spacious bedrooms,
beautiful, modern bathrooms and an elegant kitchen with high end
appliances and stylish granite countertops. Welcoming,
covered porch, oversized 2 car garage and a high ceiling
basement ready to be finished. One of a a kind find in the
area.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$170
Property Type
House
Property Taxes
$695
HOA Dues
-
Year Built
2005
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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 #NJME288906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2020 | Sold | ||
| Sold | |||
| Nov 28, 2019 | Listed by Home Ex Realty | $319,900 | |
| Listed by Home Ex Realty | |||
| Aug 9, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by REALHome Services and Solutions, Inc. | $143,000 | |
| Listed by REALHome Services and Solutions, Inc. | |||
| | |||
|
Great opportunity on this colonial style home in Sherbrooke Manor. Home features 4 bedrooms, 2.5 baths, eat in kitchen, full basement and a 2 car attachedgarage. A lot is required to make this home move in ready, it has lots ofpotential. Don't miss out! *** Property Disclosures-LIVING ROOM TREATED FORDISCOLORATION, SHEETROCK ON CEILING, SECTION OF WALLS AND CLOSET REMOVED. KITCHEN TREATED FOR DISCOLORATION, SHEETROCK ON CEILING AND WALLS REMOVED. BATHROOMTREATED FOR DISCOLORATION, SHEETROCK ON WALLS AND CEILING REMOVED. BASEMENTSTAIRWAY TREATED FOR DISCOLORATION, SHEETROCK REMOVED FROM WALLS AND CEILING.WATER SEEPAGE IN BASEMENT. SECTIONS OF STAIRWAY WALLS TO 2nd FLOOR REMOVED.BATHROOM WALL REPAIR NOT COMPLETE AND MINOR DISCOLRATION ON WALL. HEAVYDISCOLORATION ON BEDROOM CLOSET WALLS. SPOTS OF DISCOLORATION ON MASTER BEDROOMWALL AND HEAVY DISCOLORATION ON CLOSET WALLS. HEAVY DISCOLORATION ON MASTER BATH CLOSET WALLS, BEHIND VANITY AND FLOOR TILES CRACKED AND LOOSE.***
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mercer
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Listed by: Bozena Grzywaczyk
Home Ex Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME288906
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.
Home Ex Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJME288906
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