Middlesex
53 Boulder Drive #53
$401,000
●
Condo -
Off Market
53 Boulder Drive #53
Edison, NJ 08817
2 Beds
2 Baths
$2,568
Est. Monthly
$345
HOA / Fees
5.68%
Cap Rate
About This Property
Beautifully updated 2-bedroom condo offering both comfort and
style. This home features a spacious living room, a formal dining
area, and modern flooring throughout. The kitchen has been upgraded
with granite countertops, elegant backsplashes, and a Fotile vent
that vents outside - a rare find in condos and townhouses. Enjoy
serene views from your private balcony overlooking a wooded area.
The property includes an HVAC system from 2015, a 2016 water
heater, and a top-of-the-line Samsung washer/dryer from 2020. The
HOA fee covers water and sewer. Centrally located, you're just
minutes from shopping at Ranch 99, ShopRite, CVS, H-Mart, and more.
Conveniently close to RWJ/St. Peter's hospitals, Rutgers
University, and just 5 blocks from the Edison train station and
major highways.
Unit Size
-
Days on Market
39 days
Land Size
0.00 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$396
HOA Dues
$345
Year Built
1988
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Cap Rate Calculator
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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: 3 years ago (CJMLS #2560167M)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Listed by QUEENSTON REALTY | $372,000 | |
| Listed by QUEENSTON REALTY | |||
Property Highlights
Air Conditioning
Interior Details
Features: Dining L
Features: Full Bath, Walk-In Closet(s)
Features: Galley Type, Granite/Corian Countertops, Kitchen Exhaust Fan, Separate Dining Area
Full Bathrooms: 2
Interior Features: Intercom, 2 Bedrooms, Bath Main, Dining Room, Bath Second, Family Room, Storage, Kitchen, Utility Room, None
Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
Flooring Type: See Remarks
Rooms: 5
Exterior Details
PropertySubType: Condo/TH
Levels: 2nd Floor
Stories (Total): 3
Pool Features: None
Lot Size Area: 0.0009
Lot Size Acres: 0.0009
Zoning: LR
Parcel Number: 050016111000100000C0053
Water Source: Public
Financial Details
Tax Annual Amount: $4,747
Tax Year: $2,023
Utilities Details
Utilities: Underground Utilities
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Maintenance Structure, Ins Common Areas, Maintenance Grounds, Maintenance Fee, Management Fee, Insurance, Reserve Fund, Sewer, Snow Removal, Trash, Water
Association Fee Frequency: Monthly
Association Fee2 Frequency: Monthly
HOA Fee: $345
Pets Allowed: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2024
| |
2 Bed
|
2 Bath
|
1164 ft²
|
$372,000
2 Bed
2 Bath
1164 ft²
|
$401,000
+7.80%
09/20/2024
|
XIAOYI WU
REALMART REALTY LLC
|
|
08/11/2024
|
2 Bed
|
2 Bath
|
-
|
$372,000
2 Bed
2 Bath
|
$401,000
+7.80%
09/20/2024
|
XIAOYI WU
REALMART REALTY LLC
| |
|
10/28/2019
| |
2 Bed
|
2 Bath
|
-
|
$259,900
2 Bed
2 Bath
|
$253,000
-2.65%
01/31/2020
|
AILEEN CHEN
KELLER WILLIAMS ELITE REALTORS
|
Building Info
About Middlesex
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Listed by: XIAOYI WU
QUEENSTON REALTY
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2560167M
QUEENSTON REALTY
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2560167M
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017