$512,500
●
House -
Off Market
5 Weldon Road
Matawan, NJ 07747
3 Beds
2 Baths
1,534 Ft²
$550,371
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Beautifully remodeled ranch style home located in a charming
development in Matawan, Green & White Village. This lakeside
development is tucked away and has a wonderful small lakeside
community feel. Updates include new driveway, new walkway, brand
new kitchen that features great cabinet space, new appliances, new
ctps,new stylish baths,hardwood flooring, grand fireplace in living
room. Wonderful screened in rear porch, new decking too. The 2 car
garage is oversized and features exceptionally high ceilings. Full
high and dry basement that adds an approx additional 1,200 sq ft of
living space, ready to be finished. Backyard is treed and private.
Side open porch will be an inviting spot to relax any time of day.
Come take a look, you'll love it!
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$339
Property Type
House
Property Taxes
$865
HOA Dues
-
Year Built
1980
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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: 2 years ago (MOMLS #22232312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2023 | Sold | ||
| Sold | |||
| Oct 15, 2022 | Listed by Coldwell Banker Realty | $519,900 | |
| Listed by Coldwell Banker Realty | |||
| May 13, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Contract accepted.Welcome to Green & White Village. Spacious ranch being offered for the first time.''THIS IS FOR A CONTRACTOR/INVESTOR/HANDYMAN''Enter through a charming enclosed porch.Inside, living room w/wood burning fireplace, dining room w/bowed window, eat in kitchen, 3 bedrooms and 2 full baths. Hardwood flooring throughout the home.Outside the home is brick/vinyl front w/2 car garage. Rear of property had an enclosed porch that needs to be rebuilt and decking that also needs complete replacement. Home has a great location too.Backyard has views of the very beginning of the lake. Home is in need to structural repair and being sold in strictly as-is condition. Structural report will be accessible to buyers.But this is a home to grow into for sure.Come see
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Property Highlights
Garage
Air Conditioning
Fireplace
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: Donna Bruno, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22232312
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: 2 years ago
Data Source: MOMMLS, MLS# 22232312
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