$605,000
●
House -
Off Market
8 Forest
Wayne, NJ
3 Beds
1 Bath,
1
Half Bath
$2,848
Est. Monthly
About This Property
Welcome to Packanack Lake! This beautifully updated Ranch offers
the ease of true one-level living. Featuring 3 bedrooms and 1.5
baths, the home sits on an oversized lot in a wonderful
neighborhood. Recent updates include a brand-new roof (2024) and a
new patio. Inside, the living room showcases a cozy wood-burning
fireplace, (as-is" with no known issues) while the open layout
flows seamlessly from the living and dining areas into the spacious
family room. The updated galley-style kitchen boasts stainless
steel appliances, granite countertops, and a charming coffee bar
perfect for your morning routine. A full walk-up attic provides
excellent storage or the potential for future expansion.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 months ago (NJMLS #25033982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | No longer available | - | |
| No longer available | |||
| Sep 22, 2025 | Listed by Century 21 Gemini Realty, LLC | $579,900 | |
| Listed by Century 21 Gemini Realty, LLC | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: None
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 8
Has Fireplace
Fireplace Features: 1 Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Architectural Style: 1 Story
Year Built: 1950
Waterfront Features: None
Construction Materials: Aluminum Siding, Brick
Patio and Porch Features: Deck, Patio
Pool Features: None
Pool is Private
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Hot Air
Location Details
HOA/Condo/Coop Amenities: Tennis Court(s)
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Maria McFarland
Century 21 Gemini Realty, LLC
Last Updated: 12 months ago
Data Source: NJMLS , MLS#
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Century 21 Gemini Realty, LLC
Last Updated: 12 months ago
Data Source: NJMLS , MLS#
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017