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Monmouth 08736
1550 Logan Drive
$630,000
● House - Off Market

1550 Logan Drive

Manasquan, NJ 08736
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,460 Ft²
$1,162,438
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Pride in ownership is evident in this 3yr. young custom home offering 4 spacious bedrms, 2.5 baths, Eat in Kitchen, Living Rm, Family Rm, full basement w/high ceilings & 2 car garage.  In addition to the maple cabinets, walk-in pantry, granite countertops, center island, stainless appliances & large dining area, the Kitchen is open to the Living Rm...perfect for entertaining!  The Master Bedrm offers tray ceilings, walk-in closet &full bath.  Until it's warm enough to relax on the front porch, or grill on your new paver patio,  keep cozy with the Living Rm. gas fireplace!  Conveniently located near the best beaches, shopping & restaurants.  Waterfront community with optional membership to association which allows use of docks & gated recreation area. Home Warranty Included!!!
Unit Size
2,460 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$264
Property Type
House
Property Taxes
$828
HOA Dues
-
Year Built
2012

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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 #21505795)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Feb 17, 2015 Listed by Childers Sotheby's Intl Realty $649,000
Listed by Childers Sotheby's Intl Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,156
  • Garage Type: 10
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,600
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,460
  • Building Area: 2,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808702

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 127
  • District: 52
  • Parcel: 52 00891-0000-00013- 01
  • Block: 891
  • Lot: 13.01
  • Municipality: WALL TWP
  • Latitude: 40.1074
  • Longitude: -74.0835

    Address

  • Full Address: 1550 Logan Dr
  • Address - House Number: 1550
  • Address - Street Name: Logan
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C005
  • 4-Digit Zip Code: 2508
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,273,234

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,018,393
  • High Value: 1,210,141
  • Low Value: 826,645

    Market Valuation

  • Market Total Value: $622,000
  • Market Land Value: $240,600
  • Market Improvement Value: $381,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $622,000
  • Assessed Land Value: $240,600
  • Assessed Improvements Value: $381,400

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: May 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015046888
  • Previous Sale Recording Date: Feb 16, 2012
  • Previous Sale Contract Date: Feb 10, 2012
  • Previous Sale Amount: $520,000
  • 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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2015 ft²

Average Home Age

45.1 years

Currently For Sale

1815 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 15 Wigwam Path, Manasquan, NJ, 08736

$4,000 /mo

  • 4 Beds
  • 2 Baths
15 Wigwam Path, Manasquan, NJ, 08736 Listing by Matina Loffredo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Aileen Starkey-Casalino, Childers Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21505795
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 1550 Logan Drive built and last sold?
The property at 1550 Logan Drive was built in 2012 and last sold on May 15, 2015 for $630,000.
How much is this home worth?
The estimated value of the home located at 1550 Logan Drive is $671,167.
What are some comparable homes to 1550 Logan Drive?
There are currently no comparable homes to 1550 Logan Drive.
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