51 RAY ST
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 30, 2020 | No longer available | - | |
| No longer available | |||
| Jun 30, 2020 | Listed | $215,000 | |
| Listed | |||
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Nice 4 bedroom 2 full bath cape cod in Ewing Township on a quiet street with neighbors ready to welcome you to the neighborhood! Updated kitchen, forced heat and central air conditioning, basement and fenced back yard for barbecuing. Appliances include washer, dryer, dishwasher, range and refrigerator. Located near the College of NJ and major highways. The manager has listed the unit size as 1368 square feet.
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| Nov 30, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed by Coldwell Banker Residential Brokerage-Princeton Jc | $163,000 | |
| Listed by Coldwell Banker Residential Brokerage-Princeton Jc | |||
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Welcome to an exceptional 2 story cape in this desirable Ewing location. As you enter the front door you are greeted with a spacious living room with hardwood floors and a beautiful bay window. A remodeled kitchen with newer maple cabinetry, granite countertops with beautiful glass tiled back splash, stainless steel dishwasher and a new stainless steel electric stove to meet all your cooking needs. The kitchen is adjacent to a spacious dining/breakfast area. A master bedroom with carpet and hardwood flooring underneath and another bedroom with hardwood floors are located on the main level. There is a fully remodeled full bath downstairs. Two large sized bedrooms are located upstairs. One with hardwood flooring and the other with carpeting. Another full bath is located upstairs. This house is in move-in condition. An unfinished basement with plenty of room for storage. The back yard is completely fenced in. Minutes from food shopping, banks, restaurants and universities. Convenient to Rt 1 and Rt 295/95. Back on the Market. Property is identified to be in FEMA Flood Zone AE(78).
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| Mar 29, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017