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Middlesex 08831
60 Mcfarlane Circle
$630,000
● House - Off Market

60 Mcfarlane Circle

Monroe, NJ 08831
bedrooms
4 Beds
bathrooms
3 Baths
$1,003,389
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Lovingly maintained this young brick front colonial in the Highlands at Monroe faces east. Popular two story entry features hardwood flooring and office with bay window. Formal living room flows into large dining room. Large kitchen has stainless steel appliances, granite counters and pantry. Adjacent family room offers decorative windows, volume ceiling and never used wood burning fireplace. First floor full bath for convenience. Master features additional sitting room with coffered ceiling, two walk-in closets and master bath with jetted tub and shower. Oversized skylight brightens main bath. A premium location backs to woods, 2-tier paver patio & outdoor lighting. Other special features include full dry basement, two-zone HVAC, two newer hot water heaters and roof replaced end of 2017.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,316
HOA Dues
$50
Year Built
2003

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: 2 years ago (MOMLS #21805568)

Price History

Date / Event Date Event Price
May 2, 2018 Sold
Premium
Sold
Feb 15, 2018 Listed by Weichert Realtors-Manalapan $659,000
Listed by Weichert Realtors-Manalapan

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 20,924
  • Total Building Area: 3,114
  • Building Area: 3,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,114
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS MONROE
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Monroe Township School District
  • Census Tract: 008213

Zoning

  • Zoning: R30

Geography

  • District: 12
  • Parcel: 12 00051-0000-00001- 42
  • Block: 51
  • Lot: 1.42
  • Municipality: MONROE TWP
  • Latitude: 40.3232
  • Longitude: -74.406

    Address

  • Full Address: 60 Mcfarlane Cir
  • Address - House Number: 60
  • Address - Street Name: Mcfarlane
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Monroe Township
  • Carrier Code: R008
  • 4-Digit Zip Code: 3548
  • Zip Code: 08831

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,666,528

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 915,356
  • High Value: 1,069,997
  • Low Value: 760,715

    Market Valuation

  • Market Total Value: $608,000
  • Market Land Value: $254,000
  • Market Improvement Value: $354,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,000
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $354,000

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201800043157
  • Previous Sale Recording Date: Oct 18, 2003
  • Previous Sale Contract Date: Aug 28, 2003
  • Previous Sale Amount: $523,425
  • 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:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1549 ft²

Average Home Age

8.8 years

Currently For Sale

2819 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 4 Reade Street, JAMESBURG, NJ, 08831

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,412 ft²
4 Reade Street, JAMESBURG, NJ, 08831 Listing by Saba Yasmin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Gail Szeluga, Weichert Realtors-Manalapan
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21805568
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 60 Macfarlane Circle built and last sold?
The property at 60 Macfarlane Circle was built in 2003 and last sold on Apr 25, 2018 for $630,000.
How much is this home worth?
The estimated value of the home located at 60 Macfarlane Circle is $0.
What are some comparable homes to 60 Macfarlane Circle?
There are currently no comparable homes to 60 Macfarlane Circle.
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