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    28 Ashford Dr Plainsboro, NJ 08536

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    For Sale
    $689,000

    Recently upgraded townhouse with loft, modern kitchen, and community amenities.

    Property size:
    2,056 SF
    Lot size:
    0.03 Acres

    Property Features for 28 Ashford Dr

    General Information

    Size
    2,056 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    1990

    We can help!

    Listing Contact
    Mandy Yao
    Source: Kw

    Listing Agent: Mandy Yao

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Upgraded Ashford Townhouse with Loft

    This Ashford Townhouse features 3 bedrooms, 2.5 bathrooms, and 2,056 sq ft of living space, along with a finished loft that includes two skylights. The entire home has been freshly painted and features new light fixtures. Hardwood flooring is present on both levels, and granite countertops are installed. The kitchen has been upgraded and painted, and it now includes a new refrigerator and stove. Appliances are included. A high-efficiency HVAC system is installed. The property has a new roof installed in 2017, and the chimney was cleaned and inspected in 2025. A premium kitchen range hood was installed in 2024. The property includes a one-car garage and is located in a quiet location with additional public parking available on the adjacent side street. The private deck backs to woods. Community amenities include a pool, tennis courts, and a playground. The property is located near major highways, local roads, and the turnpike, providing access to shopping, groceries, and restaurants, with public transportation to NYC and Philadelphia. It is also near a new hospital and fitness center and is located within the West Windsor–Plainsboro school district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainsboro
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.5625536
    Latitude
    40.3261529

    Nearby Similar for Sale

    • $689,000

      Upgraded Ashford Townhouse with Loft

      Stunning 3-bedroom townhouse with loft, modern upgrades, and community amenities.
      28 Ashford Dr, Plainsboro, NJ 08536
      View Details

    FAQs

    What type of property is this?
    Single family property - Recently upgraded townhouse with loft, modern kitchen, and community amenities.
    Where is this single family property located?
    The property is located at 28 Ashford Dr Plainsboro, NJ.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Located in the top-rated West Windsor–Plainsboro school district.; - Features a **large finished loft with two skylights**, ideal for a home office, gym, or retreat.; - Newly upgraded kitchen with **brand-new refrigerator and stove**.
    (609) 799-3500
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    28 Ashford Dr Plainsboro, NJ 08536
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    Plainsboro, NJ 08536
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Ashford Dr Plainsboro, NJ 08536
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    We can help!
    Listing Contact
    Mandy Yao
    (609) 799-3500
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