Potential Profit$355,273
This property is no longer available. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 2,360 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Ringoes, specifically for Back Brook Rd and comparable listings. Based on this expert analysis, the estimated market value is $524,200. This has potential equity of $355,273. If purchased for rental purposes, the monthly rental rate could range between $2,250 and $2,750, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $355,273. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Back Brook Rd are updated daily along with others in Ringoes, New Jersey, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 6 schools in the area. Nearby schools include East Amwell Township School and Hunterdon Central Regional High School.
There are plenty of activities near this property like Downtown Flemington shops, restaurants, and professional services, Hunterdon Medical Center in Flemington, and more.
Public transportation options include: Car travel is the primary mode of transportation in Ringoes and the surrounding rural area, Access to Routes 202, 31, and 179 connects residents to Flemington, Lambertville, Hopewell, and the Princeton area, Limited local bus availability; riders typically use nearby Flemington, Lambertville, or Mercer County options when available, NJ Transit rail service is accessible by driving to stations such as Hamilton, Princeton Junction, or Somerville, depending on destination, Regional bus service, including commuter options, may be available from nearby Flemington or other Hunterdon County points. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Sourland Mountain Preserve, Wertsville Recreation Area and more.
Services available in the area include cellular and internet options.
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