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Matawan 07747
99 Ravine Drive
$291,750
● House - Off Market

99 Ravine Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
2 Baths
$455,154
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Charming Cape with 4 Bedrooms & 2 Full Baths. Gleaming hardwood floors on the 1st floor. Kitchen features new granite counters, dining area & French doors to the rear yard. Full basement & attached garage. Walk to the elementary school and Lake Lefferts where you can enjoy all the recreational activities such as kayaking, canoeing & fishing or just have a seat on a lakeside bench & enjoy the view!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1943

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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 #21834239)

Price History

Date / Event Date Event Price
Nov 2, 2018 Sold
Premium
Sold
Aug 27, 2018 Listed by Heritage House Sotheby's International Realty $299,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 720
  • Garage Type: 1
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803100

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: 11770
  • District: 31
  • Parcel: 31 00077-0000-00010
  • Block: 77
  • Lot: 10
  • Municipality: MATAWAN BORO
  • Latitude: 40.4183
  • Longitude: -74.2408

    Address

  • Full Address: 99 Ravine Dr
  • Address - House Number: 99
  • Address - Street Name: Ravine
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C016
  • 4-Digit Zip Code: 2905
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $911,123

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 481,240
  • High Value: 575,199
  • Low Value: 387,280

    Market Valuation

  • Market Total Value: $419,100
  • Market Land Value: $261,000
  • Market Improvement Value: $158,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,100
  • Assessed Land Value: $261,000
  • Assessed Improvements Value: $158,100

    Sales

  • Current Sale Contract Date: Oct 31, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018109344
  • Previous Sale Recording Date: Oct 15, 2010
  • Previous Sale Contract Date: Jun 28, 2010
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 12
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 Matawan

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$349

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1600 ft²

Average Home Age

63.8 years

Currently For Sale

17 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 98 Anchor Way, Cliffwood, NJ, 07721

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,914 ft²
98 Anchor Way #298, Cliffwood, NJ, 07721 Listing by Sharon J Maguire
Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dorothy Carney Donlin, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21834239
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 99 Ravine Drive built and last sold?
The property at 99 Ravine Drive was built in 1943 and last sold on Oct 31, 2018 for $291,750.
How much is this home worth?
The estimated value of the home located at 99 Ravine Drive is $302,899.
What are some comparable homes to 99 Ravine Drive?
There are currently no comparable homes to 99 Ravine Drive.
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