522 PROSPECT AVE
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%.
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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $2,999,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $2,895,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
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A brand new modern masterpiece, exquisitely designed to transcend trends, yet cater to a style-savvy buyer. Even the half-acre yard situated along a beautifully established Princeton street is landscaped and ready for outdoor entertaining on the slate patio. The interior is impressive in scale with 10-ft ceilings accentuated by elongated windows and 8-ft doors. White oak flooring in its soft natural hue runs uninterrupted throughout defined rooms and wide open areas. The kitchen with waterfall-edge Quartz island, lacquered cabinetry and a suite of professional-level appliances, including a Wolf range, holds court with spaces for dining and seating radiating around it. A fireplace clad in striking oversized tile dominates one corner. In a variety of textures and tones, expertly selected tile is a design staple throughout, particularly in the Porcelanosa bathrooms, of which there are 5.5 total. One serves the expansive lower level with a separate room for your Peloton perhaps. The staircase, going both down and up, is incredible in its craftsmanship with glass panels, steel rails and substantial open treads. The main bedroom with 2 walk-in closets and a tray ceiling looks out over the backyard, as does its voluminous bathroom. The laundry, 3 more bedrooms and a versatile bonus room finish off the upper level. Flawless, functional and style-forward throughout!
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| Apr 28, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017