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Monmouth 07726
11 Mohawk Lane
$655,000
● House - Off Market

11 Mohawk Lane

Manalapan, NJ 07726
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$827,586
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

THE WORK HAS BEEN DONE! Stunning Colonial in desired Northern Manalapan with a lavish renovation offering 4 bedrooms & 2.5 bathrooms. Enter the double iron front doors and be welcomed into the foyer which leads into the spacious living room with picture window and recessed lights, followed by the dining room. Dream eat in kitchen offers white shaker cabinets, quartz counters, subway tile backsplash and stainless steel appliances. Oversized family room has wood burning fireplace and gleaming hardwood floors. Upstairs offers the main bathroom with double sinks, 4 bedrooms with master suite having two closets and gorgeous bathroom. Park like Grounds include professional landscaping, double wide driveway and large deck overlooking private backyard!
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
-
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 #22038608)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Oct 27, 2020 Listed by RE/MAX The Real Estate Leaders $629,900
Listed by RE/MAX The Real Estate Leaders

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1,284
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,354
  • Lot Size Depth Feet: 2,460
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000559
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810001

Zoning

  • Zoning: 490

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 28
  • Parcel: 28 01303-0000-00003
  • Block: 1303
  • Lot: 3
  • Municipality: MANALAPAN TWP
  • Latitude: 40.3224
  • Longitude: -74.3336

    Address

  • Full Address: 11 Mohawk Ln
  • Address - House Number: 11
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C021
  • 4-Digit Zip Code: 4613
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,409,242

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 883,640
  • High Value: 1,046,092
  • Low Value: 721,188

    Market Valuation

  • Market Total Value: $846,900
  • Market Land Value: $370,900
  • Market Improvement Value: $476,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $846,900
  • Assessed Land Value: $370,900
  • Assessed Improvements Value: $476,000

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021013503
  • Previous Sale Recording Date: Mar 14, 1996
  • Previous Sale Contract Date: Feb 28, 1996
  • Previous Sale Amount: $297,000
  • 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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

45 years

Currently For Sale

2930 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 12 Sanford Street, Manalapan, NJ, 07726

$3,950 /mo

  • 3 Beds
  • 2 Baths
12 Sanford Street, Manalapan, NJ, 07726 Listing by Aleksandr Pritsker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christopher Walsh, RE/MAX The Real Estate Leaders
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22038608
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 Mohawk Lane built and last sold?
The property at 11 Mohawk Lane was built in 1987 and last sold on Dec 15, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 11 Mohawk Lane is $0.
What are some comparable homes to 11 Mohawk Lane?
There are currently no comparable homes to 11 Mohawk Lane.
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