Somerset
55 Edgewood Road
$560,000
●
Condo -
Off Market
55 Edgewood Road
Bedminster, NJ 07921
2 Beds
3 Baths,
1
Half Bath
1,650 Ft²
$3,801
Est. Monthly
$525
HOA / Fees
3.64%
Cap Rate
About This Property
Welcome to this inviting 2-bed, 2.5-bath townhome nestled in the
prestigious Edgewood community of The Hills. Prime location and
desirable features makes for a comfortable and convenient
lifestyle. Step inside, the open-concept layout seamlessly connects
the living area to the dining space and kitchen. A private deck
with breathtaking seasonal views. Generously sized master suite,
with a sitting area. Ensuite bath features a soaking tub and a
separate shower. The 2nd bedroom is equally spacious and a private
bath. 2-car garage, additional parking, basement and plenty of
storage! Amenities include a pool, clubhouse, tennis, walking paths
and much more. Easy access to shopping, dining, and major commuter
routes. Experience the charm of this townhome for yourself!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$339
Property Type
Condo
Property Taxes
$526
HOA Dues
$525
Year Built
1986
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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 (MOMLS #22327748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by EXIT Realty East Coast Shirvanian | $560,000 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Visitor, Direct Access
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Attic, Balcony, Bay/Bow Window, Sliding Door, Breakfast Bar
Rooms: 6
Has Fireplace
Has Basement
Unfinished
Exterior Details
Year Built: 1986
Parcel Number: 01-00059-18-00055-0000-CONDO
Exclusions: Personal belongings
Inclusions: Washer, Blinds/Shades, Dishwasher, Electric Cooking, Stove, Refrigerator, Screens
Exterior Features: Balcony, Porch - Open
Roof: Shingle
Architectural Style: Townhouse
Pool Features: Common
Back to Woods, Treed Lots
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $473,800
Tax Year: 2022
Tax Annual Amount: $6,308
Association Amenities: Tennis Court, Association, Swimming, Pool, Clubhouse
Association Fee: $525
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
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 |
|---|---|---|---|---|---|---|---|
|
10/05/2023
| |
2 Bed
|
3 Bath
|
1650 ft²
|
$560,000
2 Bed
3 Bath
1650 ft²
|
$560,000
12/15/2023
|
Mary Hart
Exit Realty East Coast
|
|
11/30/-0001
| |
2 Bed
|
2.1 Bath
|
-
|
$560,000
2 Bed
2.1 Bath
|
$560,000
12/15/2023
|
Mary Hart
Exit Realty East Coast
|
Building Info
About Somerset
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Listed by: Mary Hart, EXIT Realty East Coast Shirvanian
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22327748
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22327748
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Address: 335 Madison Avenue, New York, NY 10017