68 LOCHATONG RD
About This Property
Upon entry you will find a spacious and brightly lit foyer which leads you to the living room on the left and dining room on the right, both large and comfortable. Kitchen and den are open spaces and the den has a wood burning fireplace, great views of the backyard and access to the deck. Just off the kitchen is a large laundry/mudroom with additional storage and inside access to the two car garage. The primary room with ensuite bath is just down the hall with twin walk in closets and wonderful backyard views. Upstairs you will find two additional bedrooms with full hall bath and an attic room that could be finished for a 4th bedroom or office. The basement is great for storage with a walk out to the backyard. Outside you will find many lovely flowers and greenery in the yard which attract bird life and butterflies throughout the seasons. Additional storage space and tons of storage complete this home. Conveniently located near Bancroft Park, Washington Crossing State Park, Mountainview Golf course and minutes to the River Canal path, Lambertville, New Hope and downtown Princeton. Close to all major interstates & NJ Transit. Home Warranty
Sellers are requiring masks to be worn by all during showings and open house.
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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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by David DePaola and Company Real Estate | $419,900 | |
| Listed by David DePaola and Company Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017