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Ramtown 07731
12 Ivy Place
$308,000
● House - Off Market

12 Ivy Place

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$492,934
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

If you are looking to be in a great school district, take a look here in Howell. This home is situated in a lovely neighborhood with sidewalks & curbs. House offers 4 spacious bedrooms, 1.5 baths, living room, family room and large country kitchen. The hardwood floors are stunning! Over sized two car attached garage. Beautiful in ground pool that will be great for family fun! Pool liner new June 2015. Gas Furnace & Central Air five years old. House has been freshly painted with neutral colors just waiting for your personal touch! Underground sprinkler system, storage shed, deck and fully fenced yard.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1985

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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 #21835663)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Sep 7, 2018 Listed by Gloria Nilson & Co. Real Estate $324,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811501

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 1.05
  • Account Number: 301214
  • District: 21
  • Parcel: 21 00001- 02-00014
  • Block: 1.02
  • Lot: 14
  • Municipality: HOWELL TWP
  • Latitude: 40.1113
  • Longitude: -74.1395

    Address

  • Full Address: 12 Ivy Pl
  • Address - House Number: 12
  • Address - Street Name: Ivy
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Howell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2678
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,683

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 525,105
  • High Value: 629,631
  • Low Value: 420,580

    Market Valuation

  • Market Total Value: $390,900
  • Market Land Value: $229,200
  • Market Improvement Value: $161,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,900
  • Assessed Land Value: $229,200
  • Assessed Improvements Value: $161,700

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Jan 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019003104
  • Previous Sale Recording Date: Jul 26, 2007
  • Previous Sale Contract Date: Jul 18, 2007
  • Previous Sale Amount: $317,000
  • 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 Ramtown

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

71

Average Home Size

1892 ft²

Average Home Age

40.1 years

Currently For Sale

32 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

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MOMMLS

Listed by: Susan M Cowan, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21835663
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 12 Ivy Place built and last sold?
The property at 12 Ivy Place was built in 1985 and last sold on Dec 28, 2018 for $308,000.
How much is this home worth?
The estimated value of the home located at 12 Ivy Place is $0.
What are some comparable homes to 12 Ivy Place?
There are currently no comparable homes to 12 Ivy Place.
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