Listed by: Carole Lynn Brescia, [email protected], Coldwell Banker, Wyckoff/Franklin Lakes, (201) 891-6700, Listing Courtesy of NJMLS
$1,320,000
●
House -
Off Market
11 Noreen Lane
Wayne, NJ 07470
5 Beds
3 Baths
$8,441
Est. Monthly
2.86%
Cap Rate
About This Property
Breathtaking and picturesque water views abound! Majestic colonial
set on tranquil .7 acre landscaped property overlooking Pompton
Lake. This lovingly maintained colonial on cul-de-sac offers 5
bedrooms, 3 full baths, and space galore! The 2 story foyer with
palladium window welcomes you and opens to a formal living room
that opens to a family room with stone fireplace and wet bar.
French doors bring you to an updated kitchen with center island,
dining area and door to peaceful rear patio with lake views. Large
dining room makes entertaining easy! Vaulted ceiling great room
boasts a 2nd stone fireplace plus lake views! Convenient 1st floor
bedroom/office plus full bath off hallway. 2nd fl primary suite is
beautiful with updated spa bath-oversized shower, whirlpool tub and
huge outfitted walk-in closet. 3 other bedrooms share another full
bath. Lower level has a rec room, door to 3 car garage. Newer
heating system, HW heater, Generator! A truly exceptional home,
location & setting!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,959
HOA Dues
-
Year Built
1986
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #23028822)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by Coldwell Banker, Wyckoff/Franklin Lakes | $1,249,900 | |
| Listed by Coldwell Banker, Wyckoff/Franklin Lakes | |||
| Sep 27, 2023 | In contract | - | |
| In contract | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Passaic
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Listed by: Carole Lynn Brescia
Coldwell Banker, Wyckoff/Franklin Lakes
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23028822
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Coldwell Banker, Wyckoff/Franklin Lakes
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23028822
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