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Two-Bedroom Residential Income Property

104 WYNDHAM PLACE, Robbinsville, NJ 08691

For Sale
New
$299,900

A balcony, community pool and dedicated parking complement the open living and dining layout.

Property Size1,100 SF
Price / SF$272.64
Days on Market6

Property Features for 104 WYNDHAM PLACE

General Information

Standard status Active
Size 1,100 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

pool

Building Details

Year Built 1978
Listing Agency: Keller Williams Premier
Listed By: Terrisa T Svecz · License NJ #9696925
Source: Cummingsrealtors
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 12 at 7:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier

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Investment Insights

Based on property information with market context.

This 1,100-square-foot condo was built in 1978 and has two bedrooms and one full bathroom. The open plan joins the living and dining areas, while the kitchen provides counter space. A balcony extends the living area outdoors.

Residents have access to a community pool and landscaped grounds. Dedicated parking spaces are available in the community parking lot. The property is in Wyndham Place at 104 Wyndham Place in Robbinsville, New Jersey.

Key Highlights

  • Two‑bedroom condo with 1,100 square feet
  • Built in 1978
  • Open living and dining areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,789
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,780 $335.8K
Cap Rate 7%
$239,843 $239.8K
Cap Rate 9%
$186,544 $186.5K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$33.0K $30.00/SF
− Vacancy
−$2.5K −$2.25/SF
EGI
$30.5K $27.75/SF
− OpEx
−$13.7K −$12.49/SF
NOI
$16.8K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,780
Cap Rate 7%
$239,843
Cap Rate 9%
$186,544

Alternative Uses

Best Use
Apartment 5plus
$239.8K
$209.9K – $279.8K (±1% cap)
NOI $16,789 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$353.9K
$309.7K – $412.9K (±1% cap)
NOI $24,774 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby

Demographics for 08691, NJ

16,866
Population
7,322
Households
2.3
Avg Household Size
43
Median Age
63%
College-Educated
97%
High-School Grad
24.2 sq mi
ZIP Area
697
Density / Sq Mi
$129,900
Median Household Income
$85,331
Median Earnings
$1,845
Median Rent
$523,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Mercer County, NJ

$194 Jul
$189 Aug
$193 Sep
$195 Oct

Properties on Market for Residential income properties in Mercer County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A balcony, community pool and dedicated parking complement the open living and dining layout.
Where is this residential income property located?
The property is located at 104 WYNDHAM PLACE Robbinsville, NJ.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑bedroom condo with 1,100 square feet; Built in 1978; Open living and dining areas
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