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Middlesex 08820
40 Sheryl Drive
$655,000
● House - Off Market

40 Sheryl Drive

Edison, NJ 08820
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$710,492
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

East facing colonial on a private cul de sac!!! Home features large dinning, living and family room with full brick wood burning fireplace and hardwood floor. Kitchen with granite countertops and new appliances.  This fabulous north Edison 4 bedrooms 2.5 bath with full finished basement home is in a great school district and is ready for its new owners. Enjoy the large deck for a view of the backyard.   The home is a few steps away from two parks. Convenient to NJ Transit Trains direct into NYC through Metropark train and close to shopping malls. Call to see it today. Sellers are licensed realtor.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,127
HOA Dues
-
Year Built
1978

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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: 4 years ago (CJMLS #2215425R)

Price History

Date / Event Date Event Price
Oct 10, 2022 Sold
Premium
Sold
Jun 10, 2022 Listed by WEICHERT CO REALTORS $679,000
Listed by WEICHERT CO REALTORS

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9,718
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,303
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERYL ESTATES
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001411

Zoning

  • Zoning: RBB

Geography

  • Assessors Map Reference: TAX MAP 93
  • Account Number: 00023205
  • District: 05
  • Parcel: 05 00832-0000-00017
  • Block: 832
  • Lot: 17
  • Municipality: EDISON TWP
  • Latitude: 40.6036
  • Longitude: -74.346

    Address

  • Full Address: 40 Sheryl Dr
  • Address - House Number: 40
  • Address - Street Name: Sheryl
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Edison
  • Carrier Code: C105
  • 4-Digit Zip Code: 1311
  • Zip Code: 08820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,465,944

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 728,289
  • High Value: 851,841
  • Low Value: 604,737

    Market Valuation

  • Market Total Value: $247,500
  • Market Land Value: $100,800
  • Market Improvement Value: $146,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,500
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $146,700

    Sales

  • Current Sale Contract Date: Sep 17, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 92877
  • Previous Sale Recording Date: Aug 16, 2022
  • Previous Sale Contract Date: Mar 16, 2022
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 64
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:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1556 ft²

Average Home Age

12.6 years

Currently For Sale

2881 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 2703 Deerfield Drive, Edison, NJ, 08820

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,352 ft²
2703 Deerfield Drive, Edison, NJ, 08820 Listing by YANIRA VELAZQUEZ
Unit for rent at 5101 Stonehedge Road, Edison, NJ, 08820

$2,600 /mo

  • 2 Beds
  • 2 Baths
5101 Stonehedge Road #5101, Edison, NJ, 08820 Listing by RUPALI GANDOTRA

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: JASMINE TSUI
WEICHERT CO REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2215425R

Frequently Asked Questions

When was property at 40 Sheryl Drive built and last sold?
The property at 40 Sheryl Drive was built in 1978 and last sold on Sep 17, 2022 for $655,000.
How much is this home worth?
The estimated value of the home located at 40 Sheryl Drive is $0.
What are some comparable homes to 40 Sheryl Drive?
There are currently no comparable homes to 40 Sheryl Drive.
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