Two-Bedroom Residential Income
For Sale
$299,000
36 LEHAVRE COURT, Hamilton, NJ 08619
Updated bathrooms, stainless steel kitchen appliances, and a private balcony complement the two-bedroom layout.
Property Size1,100 SF
Price / SF$271.82
Days on Market27
Property Features for 36 LEHAVRE COURT
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,350
Amenities
walking paths
swimming pool
tennis
playgrounds
private balcony
Building Details
Building Size
1,100 SF
Year Built
1989
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 27 at 4:59AM
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 Realty
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Investment Insights
Based on property information with market context.
This two-bedroom, two-bathroom residence features engineered hardwood flooring and neutral-toned walls. Both bathrooms have been updated, while the kitchen includes stainless steel appliances and refinished cabinetry. The utility room offers additional storage, with cabinetry, flooring, a washer, and a dryer included. A glass sliding door opens to a private balcony equipped with solar lighting.
Community amenities include walking paths, a swimming pool, tennis facilities, and playgrounds. HOA-covered maintenance is also part of the community offering.
Community amenities include walking paths, a swimming pool, tennis facilities, and playgrounds. HOA-covered maintenance is also part of the community offering.
Key Highlights
- Two bedrooms and two bathrooms
- Updated bathrooms and engineered hardwood flooring
- Kitchen with stainless steel appliances and refinished cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,789
Cap Rate
5.62%
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
NOI $16,789 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$353.9K
$309.7K – $412.9K
NOI $24,774 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
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Business Placement
Demographics for 08619, NJ
23,301
Population
9,761
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,330
Density / Sq Mi
$104,922
Median Household Income
$56,772
Median Earnings
$1,712
Median Rent
$320,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated bathrooms, stainless steel kitchen appliances, and a private balcony complement the two-bedroom layout.
Where is this residential income property located?
The property is located at 36 LEHAVRE COURT Hamilton, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; Updated bathrooms and engineered hardwood flooring; Kitchen with stainless steel appliances and refinished cabinetry
