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Middlesex 07747
5 Wayland Drive
$460,000
● House - Off Market

5 Wayland Drive

Matawan, NJ 07747
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,707 Ft²
$659,099
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

This is the home you have been waiting for!! Beautiful, Move in Ready Sprawling Ranch with 3 bedroom/2 Full Bath, oversized 2 Car Garage, Finished Basement and In-ground Pool! Features spacious living room with hardwood floors and recessed lighting open to formal dining room. Eat in Kitchen with Granite counter tops overlooking Cozy Den with gas fireplace! Updated Bathrooms and beautifully finished rec room in basement.  Master bedroom has walk in closet and full bath en-suite!  Plus Lots of great space outside to entertain with in ground pool!! Located in a desirable neighborhood and a commuters dream, mins from the Parkway Entrance and close to Matawan Train Station. Dont miss out on the amazing home with a terrific location!
Unit Size
1,707 Ft²
Days on Market
-
Land Size
-
Price per sqft
$264
Property Type
House
Property Taxes
$774
HOA Dues
-
Year Built
1969

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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 #21936175)

Price History

Date / Event Date Event Price
Oct 25, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by EXP Realty $450,000
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 23,550
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,570
  • Total Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINAL PLAT OF MADISON WOODS SECTION IV
  • Land Acres: 0000000541
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007910

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 3.11
  • Account Number: 02703000
  • District: 15
  • Parcel: 15 03236- 14-00003
  • Block: 3236.14
  • Lot: 3
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4244
  • Longitude: -74.2533

    Address

  • Full Address: 5 Wayland Dr
  • Address - House Number: 5
  • Address - Street Name: Wayland
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C023
  • 4-Digit Zip Code: 3524
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $982,979

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 610,360
  • High Value: 714,047
  • Low Value: 506,673

    Market Valuation

  • Market Total Value: $183,700
  • Market Land Value: $68,100
  • Market Improvement Value: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,700
  • Assessed Land Value: $68,100
  • Assessed Improvements Value: $115,600

    Sales

  • Current Sale Contract Date: Oct 22, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019094545
  • Previous Sale Recording Date: Feb 07, 2014
  • Previous Sale Contract Date: Jan 28, 2014
  • Previous Sale Amount: $390,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1348 ft²

Average Home Age

34 years

Currently For Sale

1894 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 65 County Road, Cliffwood, NJ, 07721

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,224 ft²
65 County Road #71, Cliffwood, NJ, 07721 Listing by Patricia Champion

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joseph Ossichak, EXP Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21936175
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 Wayland Drive built and last sold?
The property at 5 Wayland Drive was built in 1969 and last sold on Oct 22, 2019 for $460,000.
How much is this home worth?
The estimated value of the home located at 5 Wayland Drive is $462,072.
What are some comparable homes to 5 Wayland Drive?
There are currently no comparable homes to 5 Wayland Drive.
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