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Monmouth 07748
15 Howland Road
$685,000
● House - Off Market

15 Howland Road

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,812 Ft²
$993,905
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

This desirable home is situated majestically on over ¾ acres in the heart of Oak Hill offering 4 bedrooms and 2.5 baths. A wonderful floor plan with the living room flowing into the family room with a wood burning fireplace and large wet bar area perfect for entertaining at its finest. The updated kitchen boasts granite countertops and offers abundant cabinets & counter-space. Gleaming hardwood floors throughout. Homeowners will enjoy an impressively spacious laundry room.  There are two adjoining rooms in the basement which offer endless recreational possibilities, along with a workspace with cabinets and sink. Private backyard with decking leading to a brick patio hugging a lovely in-ground pool with plenty of additional backyard footage. Close to NYC commute, restaurants and shopping
Unit Size
2,812 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$249
Property Type
House
Property Taxes
$1,227
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21931696)

Price History

Date / Event Date Event Price
Apr 1, 2020 Sold
Premium
Sold
Aug 1, 2019 Listed by Heritage House Sotheby's International Realty $699,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,524
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 36,176
  • Lot Size Depth Feet: 2,380
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 2,812
  • Building Area: 2,812
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,812
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000830
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801200

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 204
  • District: 32
  • Parcel: 32 00892-0000-00021
  • Block: 892
  • Lot: 21
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3718
  • Longitude: -74.1297

    Address

  • Full Address: 15 Howland Rd
  • Address - House Number: 15
  • Address - Street Name: Howland
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C014
  • 4-Digit Zip Code: 3030
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431,764

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 1,007,550
  • High Value: 1,241,058
  • Low Value: 774,042

    Market Valuation

  • Market Total Value: $823,800
  • Market Land Value: $360,500
  • Market Improvement Value: $463,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $823,800
  • Assessed Land Value: $360,500
  • Assessed Improvements Value: $463,300

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020039031
  • Previous Sale Recording Date: Mar 14, 1986
  • Previous Sale Contract Date: Mar 14, 1986
  • Previous Sale Amount: $305,000
  • 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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1843 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 25 Medford Court, Red Bank, NJ, 07701

$3,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
25 Medford Court #B, Red Bank, NJ, 07701 Listing by Diane M McCarty

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ali Ross, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21931696
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 15 Howland Road built and last sold?
The property at 15 Howland Road was built in 1978 and last sold on Mar 30, 2020 for $685,000.
How much is this home worth?
The estimated value of the home located at 15 Howland Road is $727,140.
What are some comparable homes to 15 Howland Road?
There are currently no comparable homes to 15 Howland Road.
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