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Tappan 10983
57 Wayne Lane
$515,000
● House - Off Market

57 Wayne Lane

Orangetown, NY 10983
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,901 Ft²
$768,478
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

A beautifully maintained home in a desirable neighborhood, this lovely colonial is seeing its first time on the market. With kitchen and baths charmingly updated in 2003-2004, a new roof in 2016, and windows in 2000 you truly can move right in. There are gorgeous hardwood floors throughout the home that gleam in the natural sunlight. The beautiful, level corner lot has plenty of space for play. The basement boasts high ceilings and is perfect for finishing. A ideal commuter location with only seconds to the Palisades Parkway. South Orangetown Schools. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
1,901 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$276
Property Type
House
Property Taxes
$1,173
HOA Dues
-
Year Built
1965

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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 (OneKey MLS #KEYH4985983)

Price History

Date / Event Date Event Price
Aug 21, 2019 In contract -
In contract
Jul 19, 2019 Listed by Keller Williams Valley Realty $525,000
Listed by Keller Williams Valley Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,901
  • Building Area: 1,901
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,901
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREL PARK HOMES SUB
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 60/49/409/1

Neighborhood

  • School District Name: South Orangetown Central School District
  • School Tax School District: SOUTH ORANGETOW
  • Census Tract: 013401

Zoning

  • Zoning: R-15

Geography

  • Account Number: 0026059
  • District: 392489
  • Section: 74.17
  • Parcel: 392489 74.17-4-9
  • Block: 4
  • Lot: 9.000
  • Municipality: ORANGETOWN (TOV)
  • Latitude: 41.0362
  • Longitude: -73.9595

    Address

  • Full Address: 57 Wayne Ln
  • Address - House Number: 57
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Tappan
  • Carrier Code: C004
  • 4-Digit Zip Code: 1116
  • Zip Code: 10983

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,381,567
  • Tax Rate Code Area: 392401

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 727,526
  • High Value: 887,127
  • Low Value: 567,925

    Market Valuation

  • Market Total Value: $625,877
  • Market Land Value: $216,110
  • Market Improvement Value: $409,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,000
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $146,000

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-00032573

    Financing

  • First Mortgage Financing Type: FIX
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 Tappan

Stats & Trends

Median Asking:

$770,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2395 ft²

Average Home Age

96.3 years

Currently For Sale

7 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 2 Candlewood, Old Tappan, NJ, 07675

$6,500 /mo

  • 3 Beds
  • 3 Baths
2 Candlewood, Old Tappan, NJ, 07675 Listing by Kay Suh
Unit for rent at 79 Lakeview, Old Tappan, NJ, 07675

$6,000 /mo

  • 4 Beds
  • 3 Baths
79 Lakeview, Old Tappan, NJ, 07675 Listing by Bianca Kim
Unit for rent at 40 Bluefields Lane, Blauvelt, NY, 10913

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
40 Bluefields Lane, Blauvelt, NY, 10913 Listing by Eric Helman

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 57 Wayne Lane built and last sold?
The property at 57 Wayne Lane was built in 1965 and last sold on Oct 17, 2019 for $515,000.
How much is this home worth?
The estimated value of the home located at 57 Wayne Lane is $533,997.
What are some comparable homes to 57 Wayne Lane?
There are currently no comparable homes to 57 Wayne Lane.
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