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Monmouth 07731
12 Rita Drive
$560,000
● House - Off Market

12 Rita Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,694 Ft²
$572,861
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Presented for the first time by its owners, this amazing bi-level is ready for a new generation to enjoy!  Beautiful landscaping and fenced, with great curb appeal!  Step inside and head upstairs to a well-laid out living and dining area with carpeting and plenty of space for entertaining.  Large kitchen with great eating area and huge windows has granite countertops, lots of light and plenty of storage and counter space.  3 bedrooms including the master bedroom with walk in  and double closet and updated en-suite bathroom. Updated hallway bath. Downstairs is a great family room with access to the patio and large backyard with stone bbq area (grill is staying!).  Half bath, storage, and a large garage with dynamite storage! Newer roof and windows, HVAC and more.  Do not miss this beauty!
Unit Size
1,694 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$339
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
1987

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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 #22318555)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Jul 7, 2023 Listed by NextHome Force Realty Partners $575,000
Listed by NextHome Force Realty Partners

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • 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: 576
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,177
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.05
  • Account Number: 02306010
  • District: 21
  • Parcel: 21 00035- 75-00010
  • Block: 35.75
  • Lot: 10
  • Municipality: HOWELL TWP
  • Latitude: 40.1573
  • Longitude: -74.201

    Address

  • Full Address: 12 Rita Dr
  • Address - House Number: 12
  • Address - Street Name: Rita
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C022
  • 4-Digit Zip Code: 2266
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $857,735

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 559,640
  • High Value: 668,957
  • Low Value: 450,322

    Market Valuation

  • Market Total Value: $460,900
  • Market Land Value: $267,800
  • Market Improvement Value: $193,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,900
  • Assessed Land Value: $267,800
  • Assessed Improvements Value: $193,100

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 72512
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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.1 years

Currently For Sale

1813 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 209 Victory Road, Howell, NJ, 07731

$3,500 /mo

  • 3 Beds
  • 1 Bath
209 Victory Road, Howell, NJ, 07731 Listing by Christian Sica

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Annmarie Scottson, NextHome Force Realty Partners
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22318555
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 Rita Drive built and last sold?
The property at 12 Rita Drive was built in 1987 and last sold on Oct 13, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 12 Rita Drive is $585,883.
What are some comparable homes to 12 Rita Drive?
There are currently no comparable homes to 12 Rita Drive.
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