Listed by: Allison K. Berkowitz, [email protected], Keller Williams Town Life, (201) 894-8004, Listing Courtesy of NJMLS
$1,330,000
●
House -
Off Market
92 Surrey Drive
Wayne, NJ 07470
4 Beds
4 Baths,
1
Half Bath
$6,981
Est. Monthly
3.01%
Cap Rate
About This Property
Welcome to this stunning 4-bdr, 3.5-bath home nestled on a
sprawling 53,797 sq. ft. lot, just minutes from the prestigious
Preakness Hills and North Jersey Country Clubs. Expanded in 2022,
w/custom luxury finishes. Enter through a 3,554 sq ft, 2-story
foyer with elegant herringbone wood flrs. The spacious custom
kitchen offers a large window overlooking the beautiful bkyd w/ a
large island and luxe app, open to the din rm featuring wood
flooring, a double-sided wood fireplace. KEF sound system in the
kit, din rm, and living rm offers a premium sound experience. The
prim suite boasts shiplap paneling, 3 walk-in closets w/ custom
cabinetry and makeup vanity, and a luxe en-suite bth with a
freestanding soaking tub, towel warmer, and oversized shower. The
lower lvl is perfect for entrmnt with a rec room, bonus rm with
bar, and full bth. Step outside to an expansive, landscaped bkyd
with a paver patio, ideal for outdoor gatherings. This home
combines comfort, style, and convenience.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,604
HOA Dues
-
Year Built
1963
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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 (NJMLS #24032876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams Town Life | $1,095,000 | |
| Listed by Keller Williams Town Life | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 2, 2020 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Fireplace
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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Listed by: Allison K. Berkowitz
Keller Williams Town Life
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24032876
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.
Keller Williams Town Life
Last Updated: 2 years ago
Data Source: NJMLS , MLS# 24032876
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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