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Ramtown 07731
148 Moses Milch Drive
$625,000
● House - Off Market

148 Moses Milch Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,772 Ft²
$3,644
Est. Monthly
7.21%
Cap Rate

About This Property

Stanford Estates in Howell, NJ Beautiful Colonial with 4 bedrooms, 1.5 baths, Full finished basement with Family room and work area, 2 car garage, Living room with fireplace, Eat in Kitchen, Dining room, Master bedroom with master bath and Laundry room. Home features wood vinyl flooring, crowned molding, stainless steel appliances, ceiling fans, back paver patio and plenty of room for entertaining. Come out to see this move in condition home today!!! Close to beaches, parkway and restaurants/shopping!!
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$339
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1996

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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 #22330467)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Nov 1, 2023 Listed by Keller Williams Realty Monmouth/Ocean $600,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 992
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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 1.19
  • Account Number: 32380603
  • District: 21
  • Parcel: 21 00002- 38-00009
  • Block: 2.38
  • Lot: 9
  • Municipality: HOWELL TWP
  • Latitude: 40.1071
  • Longitude: -74.1552

    Address

  • Full Address: 148 Moses Milch Dr
  • Address - House Number: 148
  • Address - Street Name: Moses Milch
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C025
  • 4-Digit Zip Code: 3809
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $902,173

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 594,680
  • High Value: 700,258
  • Low Value: 489,101

    Market Valuation

  • Market Total Value: $485,300
  • Market Land Value: $221,600
  • Market Improvement Value: $263,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,300
  • Assessed Land Value: $221,600
  • Assessed Improvements Value: $263,700

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4130
  • Previous Sale Recording Date: Mar 25, 2002
  • Previous Sale Contract Date: Jan 16, 2002
  • Previous Sale Amount: $258,000
  • 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

Rentals Near You

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MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22330467
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 148 Moses Milch Drive built and last sold?
The property at 148 Moses Milch Drive was built in 1996 and last sold on Dec 12, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 148 Moses Milch Drive is $0.
What are some comparable homes to 148 Moses Milch Drive?
There are currently no comparable homes to 148 Moses Milch Drive.
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