Listed by: Matthew O'Hare, [email protected], Coldwell Banker, Allendale/Saddle River Valley, (201) 327-5050, Listing Courtesy of NJMLS
$860,000
●
House -
Off Market
81 Surrey Drive
Wayne, NJ 07470
5 Beds
3 Baths
$5,497
Est. Monthly
5.62%
Cap Rate
About This Property
Your search ends here! This beautifully updated ranch style home
situated on a quiet street checks all of the boxes. Meticulously
maintained and cared for makes this home truly turnkey ready. Home
features open floor plan with hardwood floors, recess lighting,
fully renovated kitchen w/ leathered granite counter tops,
stainless steel appliances, and custom cabinetry. Three full
bathrooms have been updated w/ thought out finishes. Living spaces
bright and open. Primary bedroom large enough for king size bed
with en suite and two additional bedrooms on main level with plenty
of closet space. Finished basement area includes two additional
bedrooms, full bath, bonus den, home gym, laundry and workshop.
Outdoor space is an oasis with tiered decking, lush landscaping,
and plenty of green space for recreation.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,274
HOA Dues
-
Year Built
1952
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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: 3 years ago (NJMLS #23033103)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Dec 14, 2023 | Listed by Coldwell Banker, Allendale/Saddle River Valley | $850,000 | |
| Listed by Coldwell Banker, Allendale/Saddle River Valley | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Aug 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2021 | Listed by TERRIE O'CONNOR REALTORS | $649,900 | |
| Listed by TERRIE O'CONNOR REALTORS | |||
| | |||
|
Your search ends here! This beautifully updated ranch style home situated on a quiet street checks all of the boxes. Meticulously maintained and cared for makes this home truly turnkey ready. Home features open floor plan with hardwood floors, recess lighting, fully renovated kitchen w/ leather granite counter tops, stainless steel appliances, and custom cabinetry. Three full bathrooms have been updated w/ thought out finishes. Living spaces bright and open. Primary bedroom large enough for king size bed with en suite and two additional bedrooms on main level with plenty of closet space. Finished basement area includes two additional bedrooms, full bath, bonus den, home gym, laundry and workshop. Outdoor space is an oasis with tiered decking, lush landscaping, and plenty of green space for recreation.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Passaic
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Listed by: Matthew O'Hare
Coldwell Banker, Allendale/Saddle River Valley
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23033103
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.
Coldwell Banker, Allendale/Saddle River Valley
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23033103
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.
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