68 TITUS MILL ROAD
About This Property
Quiet neighborhood, in an award winning school district, but you are also close to a major shopping corridor on Route 31. Whether you enjoy just tending to your garden in the spacious backyard, or enjoying local restaurants and shopping, everything you need will be right at your fingertips. Why buy a 50-100 year old home in the same neighborhood, for the same price, when you can own this 3300 SqFt completely reimagined and updated dream home? Ready to move in, come see the tremendous value for yourself!
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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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | In contract | - | |
| In contract | |||
| Sep 6, 2023 | Listed by Turning Point Real Estate | $690,000 | |
| Listed by Turning Point Real Estate | |||
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | Listed by NextHome Essential Realty | $220,000 | |
| Listed by NextHome Essential Realty | |||
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INVESTOR ALERT! Incredible opportunity in highly desired Hopewell Township. Easy access to Rt 31, close to Hopewell Boro, Pennington Boro, Princeton, and situated on almost an acre, this 4 bedroom, 1.5 bath home sustained foundational damage (as a result of Hurricane Ida ) and requires substantial rehab. Per Hopewell Township, the basement must be backfilled. Buyer(s) to do their own due diligence, all details to be verified by the buyer(s). No utilities are to be activated by the seller. The condition of the well and septic are unknown. Any inspections will be for informational purposes. This is an AS-IS sale, contents to remain, sellers will make no repairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017