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Monmouth 07728
1 Patterson Drive
$371,000
● House - Off Market

1 Patterson Drive

Freehold, NJ 07728
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,807 Ft²
$739,681
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Exceed Your Expectations! Ideally located on Freehold Boarder. This 2800 Sq. Ft. Colonial Features Remodeled Maple E/I Kitchen with Tumbled Marble Backsplash,New SS Appl & Greenhouse Window. The 2 Story Family Room Boast Stamped Concrete Floor, Fireplace, Wet Bar & Sliders leading to Park Like Grounds with Inground Pool. Spacious LR & DR. with Crown Moldings, Chair Railing & Hrdwd Flrs, NEW Roof 6/13, main Level 5th Br/Den. Open Floor Plan Lends Itself To Casual Living & Gracious Entertaining.
Unit Size
2,807 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$135
Property Type
House
Property Taxes
$923
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21314344)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Apr 26, 2013 Listed by Heritage House Sotheby's International Realty $379,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 490
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,807
  • Building Area: 2,807
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,807
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811101

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 8.31
  • Account Number: 651305
  • District: 21
  • Parcel: 21 00165-0000-00005- 11
  • Block: 165
  • Lot: 5.11
  • Municipality: HOWELL TWP
  • Latitude: 40.214
  • Longitude: -74.2397

    Address

  • Full Address: 1 Patterson Dr
  • Address - House Number: 1
  • Address - Street Name: Patterson
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R002
  • 4-Digit Zip Code: 7865
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,178,615

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 794,707
  • High Value: 942,717
  • Low Value: 646,697

    Market Valuation

  • Market Total Value: $643,700
  • Market Land Value: $214,500
  • Market Improvement Value: $429,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $643,700
  • Assessed Land Value: $214,500
  • Assessed Improvements Value: $429,200

    Sales

  • Current Sale Contract Date: Sep 30, 2013
  • Current Sale Recording Date: Oct 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013116197
  • Previous Sale Recording Date: Sep 18, 2002
  • Previous Sale Contract Date: Aug 08, 2002
  • Previous Sale Amount: $374,900
  • 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 Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1948 ft²

Average Home Age

45.1 years

Currently For Sale

2748 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

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MOMMLS

Listed by: Debra Swayze, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21314344
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 1 Patterson Drive built and last sold?
The property at 1 Patterson Drive was built in 1980 and last sold on Sep 30, 2013 for $371,000.
How much is this home worth?
The estimated value of the home located at 1 Patterson Drive is $0.
What are some comparable homes to 1 Patterson Drive?
There are currently no comparable homes to 1 Patterson Drive.
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