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Crestwood Village 08759
5 Clear Lake Road
$330,100
● House - Off Market

5 Clear Lake Road

Whiting, NJ 08759
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,972 Ft²
$356,210
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Look no further! The Meadows at Lake Ridge offers this big beautiful expanded Danbury model with glorious Sun Room.  Massive master bedroom has gorgeous fan window and spacious walk in closet and attached master bath has soaking tub and shower. Separate formal living and dining, bright open Kitchen with breakfast bar, lots of cabinets, and generous walk in pantry. Plus separate seating area for dining. Family Room also boasts fan window.  Property is large and manicured nicely and has a two car Garage. This home has gas heating and central air .  It's an easy walk to the active Clubhouse, Pool, Tennis & Bocci.  Make this  your new address!
Unit Size
1,972 Ft²
Days on Market
68 days
Land Size
0.20 acres
Price per sqft
$162
Property Type
House
Property Taxes
$390
HOA Dues
$527
Year Built
2000

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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: 6 months ago (MOMLS #22130179)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 11, 2021 Listed by EXIT Realty Jersey Shore $319,450
Listed by EXIT Realty Jersey Shore

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,715
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720107

Zoning

  • Zoning: WTRC

Geography

  • Assessors Map Reference: TAX MAP 1803
  • District: 19
  • Parcel: 19 00098- 10-00003
  • Block: 98.10
  • Lot: 3
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9338
  • Longitude: -74.35

    Address

  • Full Address: 5 Clear Lake Rd
  • Address - House Number: 5
  • Address - Street Name: Clear Lake
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C030
  • 4-Digit Zip Code: 2970
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $465,844

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 396,762
  • High Value: 479,101
  • Low Value: 314,423

    Market Valuation

  • Market Total Value: $221,600
  • Market Land Value: $42,400
  • Market Improvement Value: $179,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,600
  • Assessed Land Value: $42,400
  • Assessed Improvements Value: $179,200

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021175654
  • Previous Sale Recording Date: Sep 12, 2000
  • Previous Sale Contract Date: Aug 30, 2000
  • Previous Sale Amount: $181,484
  • 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 Crestwood Village

Stats & Trends

Median Asking:

$149,000

Sale Price/ft²

$173

Above Asking

3.33%

Average Days on Market

68

Average Home Size

609 ft²

Average Home Age

-

Currently For Sale

196 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 35 Auburn Street, Whiting, NJ, 08759

$2,200 /mo

  • 2 Beds
  • 1 Bath
35 Auburn Street #54B, Whiting, NJ, 08759 Listing by Margaret Sellers

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christine M Caggiano, EXIT Realty Jersey Shore
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22130179
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 5 Clear Lake Road built and last sold?
The property at 5 Clear Lake Road was built in 2000 and last sold on Nov 1, 2021 for $330,100.
How much is this home worth?
The estimated value of the home located at 5 Clear Lake Road is $321,256.
What are some comparable homes to 5 Clear Lake Road?
There are currently no comparable homes to 5 Clear Lake Road.
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