12 Collier Lane
About This Property
Located on a private road in one of Morganville's most desirable neighborhoods, this 3-bedroom, 2.5 baths home sits on a nearly half-acre private lot.
The home features a modern kitchen with, stainless steel appliances, updated bathrooms, and a spacious living and dining area with a wood -burning fire place.
The fully finished walk- out basement includes a possible fourth bedroom and a half bath, perfect for use as an in-law suite. Additional highlights includes a large deck, sprinkler system, blue stone walk way and more!
Don't miss the opportunity to own this move-in ready ranch in a great area with a fantastic school system!
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Nov 29, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Heritage House Sotheby's International Realty | $639,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by Redfin Corporation | $360,000 | |
| Listed by Redfin Corporation | |||
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Lovely 3 bed/ 2.5 bath brick ranch with great curb appeal. Enter the home and step left into the office that was once a bedroom and is easy to convert back. To the right is your living room with wood burning fireplace, then through the dining room and to the kitchen. The kitchen features plenty of storage, recessed lighting, ceramic tile floor, and a double oven. From here, you can access the spacious deck for loads of outdoor fun and entertaining. The master suite with bath, second bedroom and full bath complete this level. On the fully finished lower level of the home that opens on to the lovingly maintained backyard, you'll find plenty of space for entertaining, an additional bedroom, half-bath, and your laundry room.
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About Morganville
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Last Updated: 10 months ago
Data Source: MOMMLS, MLS# 22534019
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