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Monmouth 07748
10 Scenic Way
$559,000
● House - Off Market

10 Scenic Way

Middletown, NJ 07748
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,068 Ft²
$1,057,336
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

A PRIVATE & SERENE SETTING FOR THIS LOVELY FOX HILL RANCH. FORMAL LVNG RM W/DEC MOLDING, BUILT-INS & BAY WINDOW. FABULOUS GOURMET EAT-IN KITCHEN W/CENTER ISLAND, QUARTZ C/TOPS, CORK FLR, SS APPLS & DBL OVEN. FAMILY RM OFF KITCHEN W/GAS FP, BUILT INS & SLIDER TO SCREENED PORCH. HUGE M/BDRM W/NEW ATTACHED BATH. FULL FIN BASEMENT W/BDRM & FULL BATH. GREEN HOUSE W/AUTO MIST, HEAT & VENTILATION. FEATURES NEW WINDOWS, RAISED PANEL DOORS & PAVER WALKWAY, 1.1 MILE TO TRAIN & 5.4 MILES TO FERRY.
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$276
Property Type
House
Property Taxes
$918
HOA Dues
-
Year Built
1978

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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: 3 years ago (MOMLS #21415873)

Price History

Date / Event Date Event Price
Jul 11, 2014 Sold
Premium
Sold
Apr 24, 2014 Listed by Heritage House Sotheby's International Realty $569,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,104
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,375
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 2,136
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000904
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801100

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 175
  • District: 32
  • Parcel: 32 00860-0000-00133
  • Block: 860
  • Lot: 133
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3834
  • Longitude: -74.1274

    Address

  • Full Address: 10 Scenic Way
  • Address - House Number: 10
  • Address - Street Name: Scenic
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C009
  • 4-Digit Zip Code: 2426
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,427,246

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 992,561
  • High Value: 1,157,727
  • Low Value: 827,395

    Market Valuation

  • Market Total Value: $821,200
  • Market Land Value: $415,900
  • Market Improvement Value: $405,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $821,200
  • Assessed Land Value: $415,900
  • Assessed Improvements Value: $405,300

    Sales

  • Current Sale Contract Date: Jul 10, 2014
  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014059010
  • Previous Sale Recording Date: Jan 10, 2001
  • Previous Sale Contract Date: Dec 18, 2000
  • Previous Sale Amount: $360,000
  • 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:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.2 years

Currently For Sale

1810 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 25 Medford Court, Red Bank, NJ, 07701

$3,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
25 Medford Court #B, Red Bank, NJ, 07701 Listing by Diane M McCarty

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan M Crowe, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21415873
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 Scenic Way built and last sold?
The property at 10 Scenic Way was built in 1978 and last sold on Jul 10, 2014 for $559,000.
How much is this home worth?
The estimated value of the home located at 10 Scenic Way is $588,212.
What are some comparable homes to 10 Scenic Way?
There are currently no comparable homes to 10 Scenic Way.
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