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Sayreville 08859
118 Albert Drive
$550,000
● House - Off Market

118 Albert Drive

Sayreville, NJ 08859
bedrooms
4 Beds
bathrooms
2 Baths
$3,359
Est. Monthly
7.07%
Cap Rate

About This Property

Welcome to this Sayrewoods Expanded Split level featuring 4 Bedrooms 2 Full baths Living Room/Formal Dining room Extended Eik with Breakfast bar*Granite Countertops/Decorative Backsplash*Refaced Cabinets*Pantry/SS appliances*Chandelier/Pella doors leads to Trex Deck/Above ground Pool for a perfect Staycation Home*2 Sheds Stay*Fenced In Private Yard*All Newer Laminate Wood Floors*Living room and Bedrooms have Hardwood under Laminate floors*2 Updated Bathrooms/A perfect multi family living Home*1st level Boasts Family room/4th Bedroom with closet(Needs to be closed in easy to do)Big laundry room with Full Bath and Entrance to Beautiful Yard with Concrete Patio*This is A must see Home!SHowings Start Sunday June 9
Unit Size
-
Days on Market
52 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 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 (CJMLS #2412674R)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Jun 18, 2024 In contract -
In contract
May 30, 2024 Listed by RE/MAX FIRST REALTY, INC. $550,000
Listed by RE/MAX FIRST REALTY, INC.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAVEN VILLAGE SEC 03
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Sayreville Borough School District
  • Census Tract: 007303

Zoning

  • Zoning: R5

Geography

  • District: 19
  • Parcel: 19 00442- 07-00080
  • Block: 442.07
  • Lot: 80
  • Municipality: SAYREVILLE BORO
  • Latitude: 40.459
  • Longitude: -74.2965

    Address

  • Full Address: 118 Albert Dr
  • Address - House Number: 118
  • Address - Street Name: Albert
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Parlin
  • Carrier Code: C004
  • 4-Digit Zip Code: 1803
  • Zip Code: 08859

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $737,485

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 494,233
  • High Value: 580,713
  • Low Value: 407,753

    Market Valuation

  • Market Total Value: $133,000
  • Market Land Value: $52,800
  • Market Improvement Value: $80,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,000
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $80,200

    Sales

  • Current Sale Contract Date: Jul 07, 2011
  • Current Sale Recording Date: Aug 11, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011 008255
  • Previous Sale Recording Date: Jan 26, 2009
  • Previous Sale Contract Date: Jan 07, 2009
  • Previous Sale Amount: $259,900
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sayreville

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$341

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1143 ft²

Average Home Age

57.6 years

Currently For Sale

143 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 518 Orchard Place, South Amboy, NJ, 08879

$4,200 /mo

  • 4 Beds
  • 1 Bath
518 Orchard Place, South Amboy, NJ, 08879 Listing by SARA MEMON
Unit for rent at 248 1st Street, South Amboy, NJ, 08879

$3,950 /mo

  • 3 Beds
  • 2 Baths
248 1st Street, South Amboy, NJ, 08879 Listing by Marwan Elwardany

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: DONNA TENNARO
RE/MAX FIRST REALTY, INC.
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2412674R

Frequently Asked Questions

When was property at 118 Albert Drive built and last sold?
The property at 118 Albert Drive was built in and last sold on Jul 7, 2011 for $270,000.
How much is this home worth?
The estimated value of the home located at 118 Albert Drive is $0.
What are some comparable homes to 118 Albert Drive?
There are currently no comparable homes to 118 Albert Drive.
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