943 NEW DOVER ROAD
About This Property
The existing home can be renovated and modernized for an owner-occupant who wants to create a personalized residence in a highly desirable neighborhood. Buyers should anticipate an update project, as the home will require a decent amount of work to bring it to today's standards. For those looking for a larger or more customized residence, the property may also be a strong candidate for a teardown and new construction, subject to local zoning and approvals.
The value here is in the location, the lot, and the long-term potential. North Edison continues to be one of Middlesex County's most in-demand markets, known for its convenient access to schools, shopping, major roadways, Metropark, and surrounding employment centers.
Whether updated, expanded, or rebuilt, 943 New Dover Road offers a compelling opportunity to create something special in a location where renovated and newly built homes remain highly desirable.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by EXP Realty, LLC | $749,999 | |
| Listed by EXP Realty, LLC | |||
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About Middlesex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017