Listed by: Carole Lynn Brescia, [email protected], Coldwell Banker, Wyckoff/Franklin Lakes, (201) 891-6700, Listing Courtesy of NJMLS
$1,210,000
●
House -
Off Market
274 Beech Terrace
Wayne, NJ 07470
4 Beds
5 Baths,
1
Half Bath
$7,957
Est. Monthly
2.37%
Cap Rate
About This Property
Pines Lake Colonial! Totally renovated & rebuilt in 2011! A covered
rocking chair porch welcomes you, the door opens into a beautiful 2
story foyer. The spacious kitchen with custom cabinets & black
granite counters is a dream with a huge center island, breakfast
room & family room all in one large open living space. Top of the
line Wolf, Bosch & Viking appliances. Beautiful hardwood floors
throughout. There are doors to the rear deck overlooking the yard.
The adjacent Great room features a vaulted ceiling, fireplace &
walls of windows creating is an ideal place to relax. The living
room has a fireplace & there is a beautiful formal dining room
20x12. There is a first floor bedroom with ensuite bath, plus
a guest power room.The 2nd floor primary suite features a sitting
room, huge walk in closet & spa bath. 2 additional 2nd floor
bedrooms share a full bath, plus 2nd floor laundry. The basement is
finished with a huge game room, wet bar, full bath. Lake living at
it's best!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,015
HOA Dues
-
Year Built
1954
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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 #24012227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Coldwell Banker, Wyckoff/Franklin Lakes | $998,500 | |
| Listed by Coldwell Banker, Wyckoff/Franklin Lakes | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
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# 24012227
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# 24012227
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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