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Monmouth 07748
11 Jocarda Drive
$999,999
● House - Off Market

11 Jocarda Drive

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$899,292
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Must see! Park-like setting in the beautiful Rolling Knolls section of Middletown. Completely remodeled home with custom gunite pool and water fall. A colonial with 4 over-sized bedrooms in very good condition. Main floor has both a gas and wood burning fireplaces. Eat-in Kitchen w/ Stainless Appliances and Granite counters with French doors to large deck overlooking spa-like pool. Recently renovated custom master bath with heated floors! Full basement, two Car garage and professional landscaping. It is a convenient location w/ quick access to Garden State Pkwy, train station, bus or ferry to NYC. Also convenient to Route 35 and the Middletown schools, all in the heart of Middletown. *Home furnishings are available for purchase
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,157
HOA Dues
-
Year Built
1975

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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 #22209569)

Price History

Date / Event Date Event Price
Jul 18, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by Homelister of NJ, Inc $879,000
Listed by Homelister of NJ, Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 1,419
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 37,818
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 2,992
  • Building Area: 2,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000868
  • 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 177
  • District: 32
  • Parcel: 32 00863-0000-00006
  • Block: 863
  • Lot: 6
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3809
  • Longitude: -74.1134

    Address

  • Full Address: 11 Jocarda Dr
  • Address - House Number: 11
  • Address - Street Name: Jocarda
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C018
  • 4-Digit Zip Code: 3305
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,489,814

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,047,054
  • High Value: 1,243,908
  • Low Value: 850,201

    Market Valuation

  • Market Total Value: $857,200
  • Market Land Value: $283,500
  • Market Improvement Value: $573,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,200
  • Assessed Land Value: $283,500
  • Assessed Improvements Value: $573,700

    Sales

  • Current Sale Contract Date: May 29, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 75079
  • Previous Sale Recording Date: Dec 08, 2000
  • Previous Sale Contract Date: Dec 01, 2000
  • Previous Sale Amount: $490,000
  • 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:

$725,000

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3024 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: Gregory Balderacchi, Homelister of NJ, Inc
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22209569
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 Jocarda Drive built and last sold?
The property at 11 Jocarda Drive was built in 1975 and last sold on May 29, 2022 for $999,999.
How much is this home worth?
The estimated value of the home located at 11 Jocarda Drive is $0.
What are some comparable homes to 11 Jocarda Drive?
There are currently no comparable homes to 11 Jocarda Drive.
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