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Leonardo 07737 Leonardo
118 Hamilton Avenue
$300,515
● House - Off Market

118 Hamilton Avenue

Leonardo, NJ 07737
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,196 Ft²
$445,736
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Home has an open floor plan, a family room with a fireplace, a large eat in kitchen and four second floor bedrooms. Home is located in a residential neighborhood close to the elementary school, the park and the NYC Ferry. Must See!!
Unit Size
2,196 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
2000

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 #21745756)

Price History

Date / Event Date Event Price
Feb 1, 2018 Sold
Premium
Sold
Dec 8, 2017 Listed by Action Realty $284,900
Listed by Action Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,196
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: 5722

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: Apr 02, 2007
  • District: 32
  • Parcel: 32 00328-0000-00003- 02
  • Block: 328
  • Lot: 3.02
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4186
  • Longitude: -74.0687

    Address

  • Full Address: 118 Hamilton Ave
  • Address - House Number: 118
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C003
  • 4-Digit Zip Code: 1125
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $940,432

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 629,841
  • High Value: 756,035
  • Low Value: 503,647

    Market Valuation

  • Market Total Value: $541,100
  • Market Land Value: $240,100
  • Market Improvement Value: $301,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,100
  • Assessed Land Value: $240,100
  • Assessed Improvements Value: $301,000

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Feb 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018017870
  • Previous Sale Recording Date: Mar 23, 2006
  • Previous Sale Contract Date: Feb 10, 2006
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

1267 ft²

Average Home Age

81.3 years

Currently For Sale

6 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 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Robert Kefalonitis, Action Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21745756
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 118 Hamilton Avenue built and last sold?
The property at 118 Hamilton Avenue was built in 2000 and last sold on Jan 26, 2018 for $300,515.
How much is this home worth?
The estimated value of the home located at 118 Hamilton Avenue is $0.
What are some comparable homes to 118 Hamilton Avenue?
There are currently no comparable homes to 118 Hamilton Avenue.
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