63 Hobbs Road
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 |
|---|---|---|---|
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Jan 5, 2023 | In contract | - | |
| In contract | |||
| Jan 4, 2023 | Listed by Steeplechase REALTORS® | $499,900 | |
| Listed by Steeplechase REALTORS® | |||
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IN THE SHADOW OF THE MOUNTAIN! This meticulously maintained cape in superb condition is ready to move into. Step in the door to a family room with stone fireplace and exposed beams. Open floor plan with view to the living room and kitchen. Granite kitchen counters with center island and stove. Modern appliances, colonial wood floors. First floor full bath and two well appointed bedrooms w/ double closets. Cozy well lighted living room leading to front door and stairway to 2nd floor w/ 2 bedrooms and full bath. Sunny and pleasant indoor space. Full basement with workshop and utilities. 200 amp service, Pearless boiler (15 yrs), becket burner, 50 gal. hot water tank water softener, air conditioning unit, bulkhead access. New metal roof on back of house. Large yard w/landscaped trees and shrubs. Title V done, new septic tank in 2005. Move to Princeton. Excellent commuter home. Easy access to Rte 2, I-190 & 140. Award winning school system. STEAM program, Much to offer!
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| Jan 1, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 6, 2022 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017