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Monmouth 07731
11 Cherry Bend Drive
$360,000
● House - Off Market

11 Cherry Bend Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$545,698
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Beautifully Updated 4 Bedroom / 2.5 Bath home in Howell! This Home boasts beautiful new Engineered Laminate floors throughout! Fully Renovated Kitchen with New Cabinets & Granite Counter Tops! Spacious Living Room and Dining Room offers Plenty of Space to Entertain! The Family Room is Full of Natural Sunlight with new Sliding Door! This home has 4 Spacious Bedrooms and Full Common Bath. The Master Bedroom includes a Private Master Bath and Large Walk-In Closet! The Fenced Back Yard has Tons of Space for kids and pets or a Future Pool? Newer features and Amenities Include Roof (2012), HWH (2016), and more! Stop by Today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1987

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: 3 years ago (MOMLS #21741540)

Price History

Date / Event Date Event Price
Jun 6, 2018 Sold
Premium
Sold
Oct 28, 2017 Listed by Keller Williams Realty Monmouth/Ocean $359,999
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,096
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 4.05
  • Account Number: 02308005
  • District: 21
  • Parcel: 21 00035- 77-00005
  • Block: 35.77
  • Lot: 5
  • Municipality: HOWELL TWP
  • Latitude: 40.1618
  • Longitude: -74.2027

    Address

  • Full Address: 11 Cherry Bend Dr
  • Address - House Number: 11
  • Address - Street Name: Cherry Bend
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C022
  • 4-Digit Zip Code: 2278
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $950,785

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 613,520
  • High Value: 735,645
  • Low Value: 491,395

    Market Valuation

  • Market Total Value: $510,900
  • Market Land Value: $272,500
  • Market Improvement Value: $238,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,900
  • Assessed Land Value: $272,500
  • Assessed Improvements Value: $238,400

    Sales

  • Current Sale Contract Date: May 24, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018059785
  • Previous Sale Recording Date: Feb 24, 2010
  • Previous Sale Contract Date: Feb 19, 2010
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: 12

    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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2005 ft²

Average Home Age

45.3 years

Currently For Sale

1787 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

Rentals Near You

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MOMMLS

Listed by: Michelle Garagiola, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21741540
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 11 Cherry Bend Drive built and last sold?
The property at 11 Cherry Bend Drive was built in 1987 and last sold on May 24, 2018 for $360,000.
How much is this home worth?
The estimated value of the home located at 11 Cherry Bend Drive is $363,599.
What are some comparable homes to 11 Cherry Bend Drive?
There are currently no comparable homes to 11 Cherry Bend Drive.
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