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Yorketown 07726
12 Kipling Way
$950,000
● House - Off Market

12 Kipling Way

Manalapan, NJ 07726
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$1,051,869
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Gorgeous 4/5BR 3.5 bath, brick-front colonial in desirable Manalapan. Sunny & soaring 2-story family room with gleaming hardwood floors and gas fireplace, looks into your gourmet kitchen with granite countertops and upgraded appliances. Move to the second floor on your hardwood split staircase. Relax by the fire in your private sitting room off the master BR. A second bedroom w/ full bath provides a private space for guests. Add a closet door in the first-floor office to create a fifth bedroom. Brand new finished basement adds space for living & entertaining. Relax at the end of the day in your quiet tree-lined backyard. 3-car garage & mudroom just off the first-floor laundry.  Close to award-winning schools. Neutral colors throughout. Quick closing possible.
Unit Size
-
Days on Market
-
Land Size
0.79 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,249
HOA Dues
-
Year Built
2005

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 #22112428)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
Apr 24, 2021 Listed by 1-2-3 REALTORS $899,000
Listed by 1-2-3 REALTORS

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 3
  • Basement Area: 1,953
  • Garage Type: 10
  • Garage Square Area: 735
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 3,739
  • Building Area: 3,739
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,739
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810004

Zoning

  • Zoning: SF20

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 28
  • Parcel: 28 02002-0000-00025
  • Block: 2002
  • Lot: 25
  • Municipality: MANALAPAN TWP
  • Latitude: 40.3023
  • Longitude: -74.3391

    Address

  • Full Address: 12 Kipling Way
  • Address - House Number: 12
  • Address - Street Name: Kipling
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C001
  • 4-Digit Zip Code: 3767
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,678,976

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,175,426
  • High Value: 1,392,541
  • Low Value: 958,312

    Market Valuation

  • Market Total Value: $1,009,000
  • Market Land Value: $315,000
  • Market Improvement Value: $694,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,009,000
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $694,000

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021112352
  • Previous Sale Recording Date: Mar 23, 2006
  • Previous Sale Contract Date: Feb 10, 2006
  • Previous Sale Amount: $660,000
  • 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 Yorketown

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2195 ft²

Average Home Age

48.1 years

Currently For Sale

26 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 12 Sanford Street, Manalapan, NJ, 07726

$3,950 /mo

  • 3 Beds
  • 2 Baths
12 Sanford Street, Manalapan, NJ, 07726 Listing by Aleksandr Pritsker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jamie Mitchell, 1-2-3 REALTORS
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22112428
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 Kipling Way built and last sold?
The property at 12 Kipling Way was built in 2005 and last sold on Jun 25, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 12 Kipling Way is $0.
What are some comparable homes to 12 Kipling Way?
There are currently no comparable homes to 12 Kipling Way.
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