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About This Property
Welcome to The Collection at Hopewell, a thoughtfully designed community served by the highly regarded Hopewell Valley Regional School District. This inviting Denali Floorplan features two bedrooms, two full bathrooms, and a private balcony. Bright, open-concept layouts showcase white shaker-style cabinetry, quartz countertops, stainless steel appliances, and attractive wood laminate flooring throughout. A washer and dryer are included for added convenience. Residents enjoy access to electric vehicle charging stations, a community garden, dog park, and a playground. Ideally located with everyday conveniences just steps away, the community is within walking distance to ShopRite, a liquor store, and a soon-to-open pharmacy, along with nearby shops and restaurants. Commuters will appreciate easy access to I-295, I-95, Route 1, and NJ Transit for seamless travel to the New York metropolitan area. February 2027 Move-in! Schedule your appointment today!
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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 |
|---|---|---|---|
| Oct 12, 2026 | Listed by Lennar Sales Corp New Jersey | $424,940 | |
| Listed by Lennar Sales Corp New Jersey | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017