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Middlesex 07747
20 Porsche Drive
$465,000
● House - Off Market

20 Porsche Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,840 Ft²
$866,804
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Spacious Center Hall Colonial offering Formal DR & LR, bright Eat-in Kitchen, Mud Rm, Powder Rm, Large Family Rm & Bonus Rm w/ sliders leading to your backyard oasis w/huge deck, in-ground gunite pool w/spa on mature landscaped grounds. 2nd floor includes nice sized bedrooms, full bath, Master Bdrm w/ walk-in closet and Mstr Bath. Full bsmt waiting to be finished. Big ticket items done for you!Furnace-2014, Roof-6yrs. Freshly painted & Wood floors re-finished. Home Warranty incld!
Unit Size
2,840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$879
HOA Dues
-
Year Built
1976

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (MOMLS #21423356)

Price History

Date / Event Date Event Price
Oct 7, 2014 Sold
Premium
Sold
Jun 11, 2014 Listed by RE/MAX THE REAL ESTATE LEADERS $465,000
Listed by RE/MAX THE REAL ESTATE LEADERS
Spacious Colonial,Formal DR & LR, bright Eat-in Kitchen,Mud Rm,Powder Rm,Lrg FM & Bonus Rm w/ sliders to backyard w/huge deck, in-ground gunite pool w/spa.Nice sized bdrms, full bath, Master Bdrm w/ walk-in closet & Mstr bath.Full bsmt, Frnac-2014, Roof-6yrs.Painted & Wood floors re-finished. No showings 7/7-7/13

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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
  • Floor Count: 200
  • 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: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,840
  • Building Area: 2,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEESEQUAKE WOODSWHICH SEC 03
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007910

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 3.16
  • Account Number: 02784000
  • District: 15
  • Parcel: 15 03236- 18-00015
  • Block: 3236.18
  • Lot: 15
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4222
  • Longitude: -74.25

    Address

  • Full Address: 20 Porsche Dr
  • Address - House Number: 20
  • Address - Street Name: Porsche
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C004
  • 4-Digit Zip Code: 3515
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,268,187

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 819,103
  • High Value: 967,356
  • Low Value: 670,850

    Market Valuation

  • Market Total Value: $237,000
  • Market Land Value: $65,000
  • Market Improvement Value: $172,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,000
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $172,000

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201705150371
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: 27
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 Middlesex

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1348 ft²

Average Home Age

34 years

Currently For Sale

1894 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 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michelle Vega, RE/MAX The Real Estate Leaders
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21423356
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 20 Porsche Drive built and last sold?
The property at 20 Porsche Drive was built in 1976 and last sold on May 12, 2017 for $208,500.
How much is this home worth?
The estimated value of the home located at 20 Porsche Drive is $496,378.
What are some comparable homes to 20 Porsche Drive?
There are currently no comparable homes to 20 Porsche Drive.
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