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Strathmore 07747
43 Ferland Lane
$300,000
● House - Off Market

43 Ferland Lane

Aberdeen, NJ 07747
bedrooms
3 Beds
bathrooms
2 Baths
$668,727
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Very updated, meticulously maintained home located in the interior of the desirable ''F'' section. Large and impressive flat fenced yard with a gorgeous paverblock walkway and patio. Beautiful newer eat-in kitchen with all appliances and ceramic tiled floor. 2 full upgraded bathrooms. Replaced thermopane windows and slider. Timberline roof. Replaced furnace and Central A/C. 5 ceiling fans. Full zone lawn sprinklers. Beautifully landscaped property. Double wide driveway. 5 min to NYC Train & Bus.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1961

Payment Calculator

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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 (MOMLS #21222043)

Price History

Date / Event Date Event Price
Sep 28, 2012 Sold
Premium
Sold
Jun 15, 2012 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $309,900
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,163
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,535
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802900

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 01
  • Parcel: 01 00098-0000-00017
  • Block: 98
  • Lot: 17
  • Municipality: ABERDEEN TWP
  • Latitude: 40.3949
  • Longitude: -74.2313

    Address

  • Full Address: 43 Ferland Ln
  • Address - House Number: 43
  • Address - Street Name: Ferland
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C011
  • 4-Digit Zip Code: 2119
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,028,645

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 595,069
  • High Value: 709,121
  • Low Value: 481,016

    Market Valuation

  • Market Total Value: $480,900
  • Market Land Value: $315,100
  • Market Improvement Value: $165,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,900
  • Assessed Land Value: $315,100
  • Assessed Improvements Value: $165,800

    Sales

  • Current Sale Contract Date: Sep 28, 2012
  • Current Sale Recording Date: Feb 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013017162
  • Previous Sale Recording Date: May 12, 1999
  • Previous Sale Contract Date: Mar 25, 1999
  • Previous Sale Amount: $123,500
  • 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 Strathmore

Stats & Trends

Median Asking:

$689,000

Sale Price/ft²

$359

Above Asking

0.00%

Average Days on Market

61

Average Home Size

1509 ft²

Average Home Age

55.9 years

Currently For Sale

12 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 14 W Aspen Way, Matawan, NJ, 07747

$3,695 /mo

  • 2 Beds
  • 4 Baths
  • 1,788 ft²
14 W Aspen Way, Matawan, NJ, 07747 Listing by Amanda Cruz
Unit for rent at 24 Balmoral Court, Matawan, NJ, 07747

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,254 ft²
24 Balmoral Court, Matawan, NJ, 07747 Listing by Sangita Sancheti

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allan Buim, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21222043
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 43 Ferland Lane built and last sold?
The property at 43 Ferland Lane was built in 1961 and last sold on Sep 28, 2012 for $300,000.
How much is this home worth?
The estimated value of the home located at 43 Ferland Lane is $312,999.
What are some comparable homes to 43 Ferland Lane?
There are currently no comparable homes to 43 Ferland Lane.
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