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About This Property
Welcome to the Arnold floor plan at the Collection at Hopewell, an ideal choice for first time buyers seeking new construction in a welcoming community. This home offers over 2,000 square feet of thoughtfully designed space with an open concept layout, one car garage, and a bright main living area suited for everyday living and entertaining. The kitchen features white shaker cabinetry, white quartz countertops, stainless steel appliances, and two pantries for ample storage. Upstairs includes a versatile loft, convenient laundry area, and three bedrooms, highlighted by a spacious owner's suite with a private bath and walk in closet. Located in Hopewell's newest townhome neighborhood within the highly regarded Hopewell Valley Regional School District, the community provides easy access to local shops, restaurants, major highways including I 295, I 95, Route 1, and NJ Transit for commuting to the New York metropolitan area. Move in within 30 days! Photos are of the model home and may vary. Schedule your private tour 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 15, 2026 | Listed by Lennar Sales Corp New Jersey | $564,990 | |
| Listed by Lennar Sales Corp New Jersey | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017