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Middlesex 08831
11 Florence Drive
$380,000
● House - Off Market

11 Florence Drive

Monroe, NJ 08831
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$613,667
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Large house with lots of potential, parklike yard, 4 bedrooms, 2 and a half bath, large deck and full basement. Sold AS IS, Buyer responsible for CO/Smoke Cert.
Unit Size
-
Days on Market
-
Land Size
0.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1984

Payment Calculator

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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: 4 years ago (CJMLS #1809268)

Price History

Date / Event Date Event Price
Apr 6, 2018 Sold
Premium
Sold
Dec 1, 2017 Listed by CENTURY 21 ALLIANCE REALTY $399,900
Listed by CENTURY 21 ALLIANCE REALTY

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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
  • Living Units: 1
  • 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: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,245
  • Building Area: 2,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,245
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMPSON ACRES
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Monroe Township School District
  • Census Tract: 008213

Zoning

  • Zoning: R30

Geography

  • District: 12
  • Parcel: 12 00049- 3-00011
  • Block: 49.3
  • Lot: 11
  • Municipality: MONROE TWP
  • Latitude: 40.3249
  • Longitude: -74.428

    Address

  • Full Address: 11 Florence Dr
  • Address - House Number: 11
  • Address - Street Name: Florence
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Monroe Township
  • Carrier Code: R005
  • 4-Digit Zip Code: 9638
  • Zip Code: 08831

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $995,531

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 585,401
  • High Value: 694,673
  • Low Value: 476,130

    Market Valuation

  • Market Total Value: $363,200
  • Market Land Value: $158,800
  • Market Improvement Value: $204,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,200
  • Assessed Land Value: $158,800
  • Assessed Improvements Value: $204,400

    Sales

  • Current Sale Contract Date: Apr 16, 2018
  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201800034903
  • Previous Sale Recording Date: Feb 23, 2017
  • Previous Sale Contract Date: Nov 30, 2016
  • Previous Sale Document Type: 64
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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1542 ft²

Average Home Age

13.8 years

Currently For Sale

2978 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 4 Reade Street, JAMESBURG, NJ, 08831

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,412 ft²
4 Reade Street, JAMESBURG, NJ, 08831 Listing by Saba Yasmin

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: DOUGLAS RAMOS
CENTURY 21 ALLIANCE REALTY
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1809268

Frequently Asked Questions

When was property at 11 Florence Drive built and last sold?
The property at 11 Florence Drive was built in 1984 and last sold on Apr 16, 2018 for $380,000.
How much is this home worth?
The estimated value of the home located at 11 Florence Drive is $0.
What are some comparable homes to 11 Florence Drive?
There are currently no comparable homes to 11 Florence Drive.
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