950 EVERGREEN DR
About This Property
baths, this home offers privacy situated in a cul-de-sac, nestled on 1.8 acres while close to a
fast bus/train/car commute to NYC. Step inside the two-story foyer with grand 16 light
chandelier, custom marble medallion and arched window, which leads into an updated
kitchen with center island, SS appliances and granite countertops. Enter the Family Room
with magnificent stone fireplace, skylights and soaring ceilings. French doors open to office
space for those who work from home. Dramatic powder room is a pleasant surprise. Living
room built-in cabinets offer a perfect spot for your big screen TV to relax on the sofa
enjoying your favorite show. Bathrooms are updated with custom tile, stone and fixtures
creating a luxurious retreat for relaxation and rejuvenation, especially in the grandeur of
the master bath spa. The partially finished basement with full bath offers additional,
flexible space. Spacious cedar fence surrounding the backyard is perfect for a playground
or dogs. Step out onto the 50 ft deck to enjoy nature or relax in the gazebo with gardens
nearby. 10x14 Dutch roof shed provides convenient storage for your outdoor equipment.
Branchburg offers a variety of amenities including White Oak Park, shopping, dining, and
entertainment. Priced to sell, so don't miss the opportunity for this distinctive home.
Schedule a showing to experience the comfort and tranquility it has to offer.
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Oct 21, 2023 | Listed by Compass New Jersey, LLC - Princeton | $925,000 | |
| Listed by Compass New Jersey, LLC - Princeton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017