$342,000
●
House -
Off Market
37 Ravine Drive
Matawan, NJ 07747
3 Beds
1 Bath
1,584 Ft²
$514,353
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
REDUCED !!!Don't miss this CHARMING and COZY 3 Bedroom RENOVATED
home. Newer kitchen with granite counters, tumbled marble
back splash and stainless-steel appliances. Beautiful
hardwood floors throughout! NEWER furnace, roof, and replaced
windows. Woodburning fireplace in living room and wood stove
for extra warmth in family room.
Tranquility awaits you in your private yard, with WALK OUT BSMT, firepit, paver patio & pergola!!. Enjoy serenity with the view of Lake Lefferts across the street - Fish, canoe or just sit by the water. Minutes to the Matawan train station & GSP for an easy commute, walk to downtown restaurants and shops. Oversized driveway for easy parking, Workshop/storage shed with electric.
Tranquility awaits you in your private yard, with WALK OUT BSMT, firepit, paver patio & pergola!!. Enjoy serenity with the view of Lake Lefferts across the street - Fish, canoe or just sit by the water. Minutes to the Matawan train station & GSP for an easy commute, walk to downtown restaurants and shops. Oversized driveway for easy parking, Workshop/storage shed with electric.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1943
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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 (MOMLS #21911040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Mar 18, 2019 | Listed by RE/MAX The Real Estate Leaders | $349,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| Mar 4, 2019 | No longer available | - | |
| No longer available | |||
| Jan 17, 2019 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Nov 28, 2018 | Listed | $375,000 | |
| Listed | |||
| | |||
|
Tranquility awaits you in this BEAUTIFULLY renovated 3 Bedroom MINT condition Cape which overlooks peaceful Lake Lefferts. Newer kitchen with granite counters, tumbled marble back splash and stainless-steel appliances. Pristine hardwood floors throughout. NEWER furnace, NEWER roof, replaced windows. Absolutely breathtaking backyard with paver patio & pergola. Minutes to the Matawan train station & GSP for an easy commute. Over sized driveway which allows for easy turn around. Workshop/storage shed with electric. A perfect place for a man cave! There is nothing to do but unpack and make it your HOME! This home is a TRUE ''10''!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Matawan
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Listed by: Kathleen A Behr, RE/MAX The Real Estate Leaders
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21911040
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21911040
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017