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Leonardo 07737 Leonardo
111 Center Avenue
$245,070
● House - Off Market

111 Center Avenue

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,425 Ft²
$461,284
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Lovely Expanded Ranch style home with 16 x 13 Loft can double as another bedroom, media room, etc.. Beautiful hardwood floors. Eat-in kitchen, updated full bath! Large Master Bedroom, a Den, and bedroom. House has been freshly painted through out! Sit and enjoy your coffee on the deck overlooking tranquil back yard and garden! Great storage space in the attic and additional closets. Must see this property to appreciate all it has to offer! Just minutes to the beach, restaurants, schools, and easy commute to NYC!  Middletown South High School. If you are looking for a summer home, or to downsize, or your first home call today! Room sizes are approx. Sold-as-is.
Unit Size
1,425 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1933

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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 #21523380)

Price History

Date / Event Date Event Price
Aug 17, 2015 Sold
Premium
Sold
Jun 15, 2015 Listed by Weichert Realtors-Middletown $259,900
Listed by Weichert Realtors-Middletown

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,425
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: 8369

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: Feb 01, 2008
  • District: 32
  • Parcel: 32 00341-0000-00017
  • Block: 341
  • Lot: 17
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4194
  • Longitude: -74.0663

    Address

  • Full Address: 111 Center Ave
  • Address - House Number: 111
  • Address - Street Name: Center
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1113
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,345

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 464,309
  • High Value: 557,337
  • Low Value: 371,280

    Market Valuation

  • Market Total Value: $348,300
  • Market Land Value: $221,200
  • Market Improvement Value: $127,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,300
  • Assessed Land Value: $221,200
  • Assessed Improvements Value: $127,100

    Sales

  • Current Sale Contract Date: Aug 13, 2015
  • Current Sale Recording Date: Nov 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015107157
  • Previous Sale Recording Date: Nov 09, 2015
  • Previous Sale Contract Date: Aug 13, 2015
  • Previous Sale Amount: $245,070
  • 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 Leonardo

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$381

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1297 ft²

Average Home Age

89.3 years

Currently For Sale

9 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 158 Mabel Avenue, Leonardo, NJ, 07737

$3,500 /mo

  • 2 Beds
  • 1 Bath
158 Mabel Avenue #2, Leonardo, NJ, 07737 Listing by Vincent Alu
Unit for rent at 403 Cedar Avenue, Leonardo, NJ, 07737

$3,300 /mo

  • 3 Beds
  • 1 Bath
403 Cedar Avenue, Leonardo, NJ, 07737 Listing by Kelly Christiani

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Eva G Acevedo, Weichert Realtors-Middletown
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21523380
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 111 Center Avenue built and last sold?
The property at 111 Center Avenue was built in 1933 and last sold on Aug 13, 2015 for $245,070.
How much is this home worth?
The estimated value of the home located at 111 Center Avenue is $279,685.
What are some comparable homes to 111 Center Avenue?
There are currently no comparable homes to 111 Center Avenue.
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