98 SCHOOL LN
About This Property
As you step inside, you will immediately appreciate the home's stunning hardwood floors and spacious layout. The main level features a bright and airy living room, perfect for entertaining guests or simply relaxing with family in front of the wood-burning fireplace. The adjacent dining room is ideal for hosting dinner parties and holiday gatherings, with plenty of room for a large table and all your loved ones.
The updated kitchen features modern appliances and ample counter space, making meal prep and cooking a breeze. A fully enclosed sunroom and convenient powder room complete this level. Upstairs, you will find three generously sized bedrooms, all with ample closet space and plenty of natural light. The full bathroom has been recently updated and features stylish fixtures and finishes. And don't forget the bonus room which can be used as an office, den, or even an extra bedroom.
Worried about storage? Don't be - this home offers a full basement as well as a 2-car detached garage. The fully fenced backyard is perfect for summertime BBQs and outdoor gatherings with family and friends. There is also gated access to the canal path that runs behind the home!
Recent updates (approx. 3 years) include a newer boiler, hot water heater, water filtration system, roof, windows, siding, gutters, and chimney liner - there's not much more that needs to be done. With easy access to Rts. 29/95/195/295, minutes from the Trenton train station, and close to Yardley, Newtown, New Hope, Lambertville, and Hopewell you won't want to miss your chance to own this beautiful home in one of Trenton's most sought-after neighborhoods!
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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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | In contract | - | |
| In contract | |||
| Jun 3, 2023 | Price Decreased |
$315,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| May 5, 2023 | Listed by NextHome Essential Realty | $330,000 | |
| Listed by NextHome Essential Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017