644 PARKWAY AVENUE
About This Property
Set on a desirable corner lot in Ewing, 644 Parkway Avenue blends timeless character with everyday comfort and flexible living space. The home's stone exterior, sourced from a local quarry, dormer windows, and arched entry create a memorable first impression, while arched openings throughout the home add warmth and charm. Hardwood floors run through the living and dining rooms, and the living room is anchored by a stone fireplace, dentil crown molding, and a bay window with window seat. The eat-in kitchen offers a cheerful, light-filled feel with stainless steel appliances, abundant windows, and room for casual meals and conversation. Upstairs, four bedrooms and hardwood flooring provide comfortable space, along with one full bath and one half bath, while the main level includes an additional half bath. The finished basement expands the living area, featuring a family room with fireplace, a separate bonus room for office, exercise, or play, laundry, and a basement toilet room. A dedicated home office with its own outside entrance adds welcome flexibility for work or creative use. A window-lined enclosed porch just off the living room offers a relaxed spot for morning coffee, reading, or easy entertaining with views of the backyard. One-car garage. Close to shopping, dining, The College of New Jersey, and Campus Town amenities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Decreased |
$498,000
↓ $27K
(5.1%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$525,000
↓ $33K
(5.9%) | |
| Price Decreased | |||
| Apr 19, 2026 | Price Decreased |
$558,000
↓ $40K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017