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Monmouth 07746
16 Burlington Drive
$600,000
● House - Off Market

16 Burlington Drive

Marlboro, NJ 07746
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$1,169,691
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Move right in to this immaculate 5 bedroom 2.5 bath colonial in sought-after Wyncrest Manor. Close to schools and transportation. Brand-new Timberline roof. Thermal replacement windows throughout with lifetime warranty. Home warranty also included.Very spacious rooms with open-flow floor plan. Beautiful backyard with wonderful,fenced-in heated pool,deck,gazebo and retractable awning. Not to be missed!
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$985
HOA Dues
-
Year Built
1994

Payment Calculator

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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 #21318838)

Price History

Date / Event Date Event Price
Oct 21, 2013 Sold
Premium
Sold
May 31, 2013 Listed by Weichert Realtors-Manalapan $600,000
Listed by Weichert Realtors-Manalapan

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 3
  • Basement Area: 1,653
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 21,080
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 3,075
  • Building Area: 3,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,075
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000484
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809505

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 69
  • District: 30
  • Parcel: 30 00206- 01-00008
  • Block: 206.01
  • Lot: 8
  • Municipality: MARLBORO TWP
  • Latitude: 40.3386
  • Longitude: -74.2554

    Address

  • Full Address: 16 Burlington Dr
  • Address - House Number: 16
  • Address - Street Name: Burlington
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Marlboro
  • Carrier Code: C002
  • 4-Digit Zip Code: 2612
  • Zip Code: 07746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,478,575

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,038,956
  • High Value: 1,232,546
  • Low Value: 845,367

    Market Valuation

  • Market Total Value: $612,500
  • Market Land Value: $208,000
  • Market Improvement Value: $404,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,500
  • Assessed Land Value: $208,000
  • Assessed Improvements Value: $404,500

    Sales

  • Current Sale Contract Date: Oct 21, 2013
  • Current Sale Recording Date: Nov 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013128080
  • Previous Sale Recording Date: Apr 13, 1994
  • Previous Sale Contract Date: Apr 05, 1994
  • Previous Sale Amount: $273,240
  • 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:

$744,560

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2020 ft²

Average Home Age

45.2 years

Currently For Sale

1812 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 18 Hobart Street, Marlboro, NJ, 07746

$4,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,770 ft²
18 Hobart Street, Marlboro, NJ, 07746 Listing by Joseph Orrico
Unit for rent at 295 Route 79, Morganville, NJ, 07751

$4,800 /mo

  • 4 Beds
  • 2 Baths
295 Route 79, Morganville, NJ, 07751 Listing by Jennifer Klein

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Barbara Chasser, Weichert Realtors-Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21318838
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 16 Burlington Drive built and last sold?
The property at 16 Burlington Drive was built in 1994 and last sold on Oct 21, 2013 for $600,000.
How much is this home worth?
The estimated value of the home located at 16 Burlington Drive is $606,000.
What are some comparable homes to 16 Burlington Drive?
There are currently no comparable homes to 16 Burlington Drive.
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