8 ROBERT RD
About This Property
has a modern floor plan with lofty rooms. Hardwood floors, wainscoting and crown molding lend traditional appeal and show pride of craftsmanship. The handsome kitchen is highly efficient in its current layout, but could easily be enlarged by incorporating the breakfast area, which flows out to a brick patio. A fireplace keeps the openly adjoining cathedral family room feeling grounded and cozy. The finished basement was cleverly designed to include sliding screens that separate an office from the rec room. Keep them open to expand space for creative play or close them for a distraction-free work or relaxation zone. Four bright, cheerful bedrooms comprise the upper level, including one with a pretty arched window and the main suite with multiple closets, both reach-in and walk-in. The main and hall baths are each finished in a timeless style that feels forever fresh. Move right in and savor Princeton living at its best!
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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%.
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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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Apr 15, 2023 | In contract | - | |
| In contract | |||
| Apr 6, 2023 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $1,225,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017