Closed$949,000
TLC ≈ $8,294/mo
3 4 2,720 sqft
6 Michelangelo Drive, South Brunswick, NJ 08852
3228 Sayre Drive, Plainsboro, NJ 08540
$350,000
2 beds 1 baths 964 sqft Built 198541 days on marketActive
About this home
3228 Sayre Drive - Princeton Landing, Plainsboro, NJ Investor Opportunity - Tenant Occupied with Immediate Rental Income! Don't miss this excellent investment opportunity in the highly desirable Princeton Landing community. This well-maintained 2-bedroom, 1-bath condominium is tenant occupied with a lease in place at $2, 400 per month through May 31, 2027, providing stable, immediate cash flow from day one. This property is being offered exclusively for investors. Inside, you'll find a bright and inviting floor plan featuring recessed lighting, window blinds, comfortable carpeting, and a private balcony. The updated kitchen offers granite countertops, a brand-new dishwasher, microwave, and a separate pantry closet, combining style with everyday functionality. The renovated full bathroom and the convenience of an in-unit washer and dryera rare feature in Princeton Landingadd even more value. The spacious living and dining areas create a comfortable setting, while the private balcony is perfect for relaxing with your morning coffee or evening tea. Residents enjoy access to outstanding community amenities, including The Smith Clubhouse, featuring a swimming pool, tennis courts, basketball courts, a playground, fitness center, and clubhouse. Trash and snow removal are included, making ownership virtually hassle-free. Ideally located in the award-winning West Windsor-Plainsboro School District, the property is just minutes from Princeton Junction Train Station, Princeton University, shopping, dining, and major highways. With a strong in-place lease, desirable location, and exceptional community amenities, 3228 Sayre Drive is a turnkey investment opportunity offering dependable rental income and long-term appreciation potential.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$3,485/mo
- Real estate (PITI + HOA + PMI)
- $3,172
- Utilities
- $457
- Transportation
- $112
- Other (entertainment)
- $157
Principal + interest$2,255
Property tax + insurance$786
PMI / 2nd mortgage$131
Heating + cooling$67
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$5,000/mo
Remaining after TLC$1,515/mo
Purchase price
$350,000
Down payment
$17,500 (5%)
Loan amount
$332,500
APR
7.19%
Quick facts
Type
Condo/TH
Style
Garden Apartment Style, Development Home
Year built
1985
Lot size
0.0721 ac
Stories
3
Heating
Electric, Forced Air
Cooling
Central Air
Water
Public
HOA
—
Annual tax
$5,208
MLS #
2612776R
County
Middlesex
At a glance
Air conditioning
Pool
Dishwasher
Home features
Appliances
DishwasherDryerElectric Range/OvenRefrigeratorWasherElectric Water Heater
Interior
BlindsNone1 Bedroom2 BedroomsKitchenLiving Room
Exterior
Open Porch(es)PatioEnclosed Porch(es)
Community
Outdoor PoolPlaygroundIndoor Pool
Parking
On SiteOpenUnassigned
Patio & porch
PorchPatioEnclosed
Pool
Outdoor PoolPrivateIndoor
Kitchen
Granite/Corian CountertopsNot Eat-in Kitchen
Dining
Formal Dining Room
Master bedroom
1st Floor
Flooring
Carpet
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium
Lot features
See Remarks, Level
Neighborhood — 08540
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 50,428 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 59.00% | 14.00% | 20.00% |
| Population Density | 950 | 1,137 | — |
| Male | 25,055 | 4,307,827 | 147,432,321 |
| Female | 25,373 | 4,525,010 | 151,655,844 |
| Never Married | 8,955 | 1,965,811 | 63,775,926 |
| Married | 21,666 | 3,647,435 | 123,120,365 |
| Separated | 6,664 | 391,239 | 12,639,686 |
| Widowed | 1,981 | 515,172 | 15,467,586 |
| Divorced | 2,234 | 529,393 | 23,075,029 |
| Number Of House Hold | 16,738 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.56 | 2.73 | 2.60 |
| Medial Age | 34.94 | 37.15 | 35.46 |
| Median House Hold Income | $107,861 | $63,392 | $48,276 |
| Average House Hold Income | $152,488 | $83,312 | $63,629 |
| P C I | $53,569 | $30,662 | $24,529 |
| M D I | $82,440 | $52,505 | $41,133 |
| A T H E | $96,288 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 85.36% | 81.02% | 77.74% |
(Zip) Code
8540
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 4/8/2026. Provided courtesy of WEICHERT CO REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.