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Monmouth 07701
112 Rutledge Drive
$473,025
● House - Off Market

112 Rutledge Drive

Middletown, NJ 07701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$834,479
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Welcome to 112 Rutledge Drive Red Bank Zip Code 07701!  This 3 bedroom 2.5 bath extended ranch offers an open floor plan, a beautifully updated interior and an expansive and private backyard. Tastefully decorated in today's colors, gleaming hardwood floors, decorative moldings and updated baths. The backyard feels like a private retreat with an in-ground pool and an extended paver patio. The wood-burning fireplace and HWBB heat make this a very comfortable home and the oversized two-car garage is ideal for extra storage.  The brand new Cambridge paver walkway makes a terrific first impression, so hurry over to see this home today and make it your own!

One year American Home Shield coverage.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1953

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: 2 years ago (MOMLS #21515268)

Price History

Date / Event Date Event Price
Jul 10, 2015 Sold
Premium
Sold
Apr 21, 2015 Listed by Coldwell Banker Realty $469,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 21,700
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,790
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: APPLEBROOK FARM VILLAGE
  • Land Acres: 0000000498
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801000

Zoning

  • Zoning: 8739

Geography

  • Assessors Map Reference: TAX MAP 178
  • Account Number: 1455
  • District: 32
  • Parcel: 32 00869-0000-00020
  • Block: 869
  • Lot: 20
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3765
  • Longitude: -74.1007

    Address

  • Full Address: 112 Rutledge Dr
  • Address - House Number: 112
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Red Bank
  • Carrier Code: C042
  • 4-Digit Zip Code: 5023
  • Zip Code: 07701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,036,369

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 772,628
  • High Value: 916,667
  • Low Value: 628,588

    Market Valuation

  • Market Total Value: $596,300
  • Market Land Value: $389,100
  • Market Improvement Value: $207,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,300
  • Assessed Land Value: $389,100
  • Assessed Improvements Value: $207,200

    Sales

  • Current Sale Contract Date: Jul 10, 2015
  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015066252
  • Previous Sale Recording Date: Sep 12, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Amount: $465,000
  • 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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1993 ft²

Average Home Age

45.2 years

Currently For Sale

1816 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 5b Auburn Court, NJ, 07701

$3,300 /mo

  • 2 Beds
  • 2 Baths
5b Auburn Court, NJ, 07701 Listing by Peter Maneri

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jayne Camlin, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21515268
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 112 Rutledge Drive built and last sold?
The property at 112 Rutledge Drive was built in 1953 and last sold on Jul 10, 2015 for $473,025.
How much is this home worth?
The estimated value of the home located at 112 Rutledge Drive is $474,599.
What are some comparable homes to 112 Rutledge Drive?
There are currently no comparable homes to 112 Rutledge Drive.
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