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Lincroft 07738
101 Willow Grove Drive
$882,000
● House - Off Market

101 Willow Grove Drive

Lincroft, NJ 07738
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,620 Ft²
$836,205
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Sprawling ranch on a large corner lot in desirable Lincroft features 5 beds, 3.5 baths, open floor plan & cherry wood floors. Relax in the charming cathedral ceiling family room w a wood burning fireplace. The updated EIK has a cathedral ceiling, granite ctrs, Thermador stainless appliances, an island with built-in microwave and wine fridge plus pendant lighting above. A slider off the kitchen leads to multi tier deck, in-ground pool with private yard. Finished  basement w bedroom, full bath plus direct access to the garage. In addition, over $80,000 in recent improvements including new roof, CertainTeed Vinyl Cedar siding, Azek trim, Andersen 200 series windows, new front and siding doors. All this plus convenient to all and Middletown South School
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$315
Property Type
House
Property Taxes
$1,070
HOA Dues
-
Year Built
1983

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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 #22202699)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Feb 1, 2022 Listed by Weichert Realtors-Holmdel $824,900
Listed by Weichert Realtors-Holmdel

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 2,620
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 39,765
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 2,410
  • Total Building Area: 2,620
  • Building Area: 2,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000913
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: R45

Geography

  • Assessors Map Reference: TAX MAP 215
  • District: 32
  • Parcel: 32 01047-0000-00013
  • Block: 1047
  • Lot: 13
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3615
  • Longitude: -74.1406

    Address

  • Full Address: 101 Willow Grove Dr
  • Address - House Number: 101
  • Address - Street Name: Willow Grove
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C004
  • 4-Digit Zip Code: 1016
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,446,537

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 929,240
  • High Value: 1,104,095
  • Low Value: 754,385

    Market Valuation

  • Market Total Value: $832,300
  • Market Land Value: $356,000
  • Market Improvement Value: $476,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $832,300
  • Assessed Land Value: $356,000
  • Assessed Improvements Value: $476,300

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41505
  • Previous Sale Recording Date: Mar 17, 2005
  • Previous Sale Contract Date: Feb 04, 2005
  • Previous Sale Amount: $650,000
  • 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 Lincroft

Stats & Trends

Median Asking:

$999,999

Sale Price/ft²

$422

Below Asking

0.01%

Average Days on Market

69

Average Home Size

3571 ft²

Average Home Age

34.6 years

Currently For Sale

8 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 94 Leedsville Drive, Lincroft, NJ, 07738

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,136 ft²
94 Leedsville Drive, Lincroft, NJ, 07738 Listing by Robert Haspel

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Thomas J Connors, Weichert Realtors-Holmdel
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22202699
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 101 Willow Grove Drive built and last sold?
The property at 101 Willow Grove Drive was built in 1983 and last sold on Apr 4, 2022 for $882,000.
How much is this home worth?
The estimated value of the home located at 101 Willow Grove Drive is $0.
What are some comparable homes to 101 Willow Grove Drive?
There are currently no comparable homes to 101 Willow Grove Drive.
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