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Monmouth 07728
127 Broadway
$390,000
● House - Off Market

127 Broadway

Freehold, NJ 07728
bedrooms
2 Beds
bathrooms
1 Bath
square feet
846 Ft²
$328,772
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Great opportunity to own in the heart of Freehold!  This charming Ranch features 2 bedroom, 1 bath, eat in kitchen, generous size living room with full basement for storage.  Located on Broadway Rd, you are close proximity to everything Freehold has to offer. Downtown shopping, restaurants, public transit and more! Make an appointment today!
Unit Size
846 Ft²
Days on Market
53 days
Land Size
0.24 acres
Price per sqft
$390
Property Type
House
Property Taxes
$534
HOA Dues
-
Year Built
1956

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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: 11 months ago (MOMLS #22324417)

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold
Premium
Sold
Sep 1, 2023 Listed by Keller Williams Realty West Monmouth $330,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 846
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 846
  • Building Area: 846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810401

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: TAX MAP 13
  • Account Number: 929000
  • District: 17
  • Parcel: 17 00027-0000-00016
  • Block: 27
  • Lot: 16
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2736
  • Longitude: -74.2652

    Address

  • Full Address: 127 Broadway
  • Address - House Number: 127
  • Address - Street Name: Broadway
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C008
  • 4-Digit Zip Code: 1462
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $658,896

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 432,519
  • High Value: 508,709
  • Low Value: 356,330

    Market Valuation

  • Market Total Value: $355,200
  • Market Land Value: $212,500
  • Market Improvement Value: $142,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,200
  • Assessed Land Value: $212,500
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Contract Date: Oct 19, 2023
  • Current Sale Recording Date: Nov 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 81739
  • Previous Sale Recording Date: May 21, 1996
  • Previous Sale Contract Date: May 16, 1996
  • Previous Sale Amount: $125,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

2038 ft²

Average Home Age

45.2 years

Currently For Sale

2779 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 23 W Main Street, Freehold, NJ, 07728

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
23 W Main Street #2, Freehold, NJ, 07728 Listing by Dorene T Rampino
Unit for rent at 3 Whistler Drive, Freehold, NJ, 07728

$2,900 /mo

  • 2 Beds
  • 2 Baths
3 Whistler Drive #3, Freehold, NJ, 07728 Listing by Timothy J O'Rourke

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jose Sanchez, Keller Williams Realty West Monmouth
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22324417
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 127 Broadway built and last sold?
The property at 127 Broadway was built in 1956 and last sold on Oct 19, 2023 for $390,000.
How much is this home worth?
The estimated value of the home located at 127 Broadway is $334,200.
What are some comparable homes to 127 Broadway?
There are currently no comparable homes to 127 Broadway.
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