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Monmouth 07748
10 Runyon Drive
$999,000
● House - Off Market

10 Runyon Drive

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,259 Ft²
$1,307,598
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

QUICK DELIVERY! One Spec Home almost ready for delivery. DISCOUNT on Options and upgrades- $35,000 off Monet Model- all others 50% DISCOUNT!!  In the heart of Monmouth County's horse and farm country discover the beauty and comfort of these newly constructed single family homes. k. Hovnanian Homes has designed these homes to include all features and amenities today's Buyers demand. Choose form six model homes ranging from 3200sf to 4600 sf. A total of 20 homes are selling quick so don't waste time in choose your location today! Convenient to all NYC transportation including bus, trains and fast ferry service.
Unit Size
3,259 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2017

Payment Calculator

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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 #21629384)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jul 24, 2016 Listed by Heritage House Sotheby's International Realty $819,990
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,608
  • Total Building Area: 4,559
  • Building Area: 4,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,559
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000519
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801000

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 131
  • District: 32
  • Parcel: 32 00825- 01-00011
  • Block: 825.01
  • Lot: 11
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3933
  • Longitude: -74.0857

    Address

  • Full Address: 10 Runyon Rd
  • Address - House Number: 10
  • Address - Street Name: Runyon
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C019
  • 4-Digit Zip Code: 3508
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,232,635

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 1,458,885
  • High Value: 1,657,990
  • Low Value: 1,259,780

    Market Valuation

  • Market Total Value: $1,284,600
  • Market Land Value: $292,500
  • Market Improvement Value: $992,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,284,600
  • Assessed Land Value: $292,500
  • Assessed Improvements Value: $992,100

    Sales

  • Current Sale Contract Date: Aug 25, 2017
  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017116448

    Financing

  • First Mortgage Financing Type: FIX
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

1957 ft²

Average Home Age

45 years

Currently For Sale

2720 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: Maryann Callahan, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21629384
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 10 Runyon Road built and last sold?
The property at 10 Runyon Road was built in 2017 and last sold on Aug 25, 2017 for $999,000.
How much is this home worth?
The estimated value of the home located at 10 Runyon Road is $0.
What are some comparable homes to 10 Runyon Road?
There are currently no comparable homes to 10 Runyon Road.
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