518 STATE RD
About This Property
balcony, double walk-ins and a gloriously sunlit shower of enormous proportions. A hall bath updated in marble serves 3 more bedrooms. The seconds-from-everything location will save you valuable time when doing everything from running errands to enjoying a night on the town! Top-ranked Princeton public schools are under 2 miles away and Princeton University is just a half-mile further. Some photos are virtually staged.
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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.
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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 |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $1,100,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
| Jul 26, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Price Decreased |
$999,900
↓ $98K
(8.9%) | |
| Price Decreased | |||
| Apr 11, 2021 | Listed by Keller Williams Cornerstone Realty | $1,098,000 | |
| Listed by Keller Williams Cornerstone Realty | |||
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Enjoy privacy and tranquility in this one-of-a-kind upgraded house situated amidst trees on a 1.48-acre lot. Complete with high ceilings and a grand 2-story foyer, this light-filled house includes 4 spacious bedrooms and 4 full bathrooms. The master bedroom features a gas fireplace and walk-out balcony, while the ensuite bath showcases a luxurious walk-in rain shower. Prized by Feng Shui experts for its positive flow of energy, this versatile home boasts multiple spaces for remote working and entertaining both indoors and outdoors - including a large recreation room, home office with tasteful built-ins, and wide deck leading to a sheltered back yard. The expansive gourmet kitchen is complete with upgraded appliances, granite countertops, and a gas cooktop that vents outside. Off to the side of the kitchen are the wet bar and a 1st-floor full bath. The bright walk-out basement adds an additional 1700+ fully finished square footage to the house with additional play space and is perfect for a second home office. It has 2 additional rooms with closets, a full bath, and open areas to entertain or play. Conveniently located minutes from downtown Princeton, this house is zoned within the blue-ribbon Princeton public school system and only 1 mile away from Princeton Charter School. It is also only 3 miles away from the NJ transit Princeton train station for easy access to NYC and Philadelphia. Property selling as-is. The manager has listed the unit size as 5367 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017