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Monmouth 07748
16 Unity Court
$545,000
● House - Off Market

16 Unity Court

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,376 Ft²
$817,630
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

A Sterling Opportunity! A beautiful 4-bedroom, 2.5-bath, attached colonial with endless amenities on a quiet cul-de-sac in the quaint neighborhood of Sterling Woods. Built in 2015, the open floor plan features an inviting foyer, living room, dining room, family room with gas fireplace, gourmet kitchen with quartz countertops and stainless-steel appliances, full basement, and 2-car garage. The master suite boasts two walk-in closets and a luxurious spa-like full bath. The extensive list of amenities includes 9' ceilings, hardwood floors, decorative molding, custom cabinetry, recessed lighting, poured concrete foundation, large backyard, and much, much more. Convenient to shopping, dining, major roadways, trains, buses and ferries into NYC, and, of course, the fabulous Jersey Shore beaches.
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$235
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
2015

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: 2 years ago (MOMLS #21934908)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Aug 30, 2019 Listed by Gloria Nilson & Co. Real Estate $559,000
Listed by Gloria Nilson & Co. Real Estate
Aug 4, 2015 Sold
Premium
Sold
Feb 25, 2015 Listed by Heritage House Sotheby's International Realty $439,990
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 31
  • 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: 9
  • Basement Area: 1,068
  • Garage Type: 10
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,251
  • Lot Size Depth Feet: 1,620
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 2,376
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,332
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STERLING WOODS II AT MIDDLETOWN
  • Land Acres: 0000000465
  • Standard Land Use Code: 1101
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801000

Zoning

  • Zoning: RTF

Geography

  • Assessors Map Reference: TAX MAP 163
  • District: 32
  • Parcel: 32 00869-0000-00075- 02-C0001
  • Block: 869
  • Lot: 75.02
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3849
  • Longitude: -74.0996

    Address

  • Full Address: 16 Unity Ct
  • Address - House Number: 16
  • Address - Street Name: Unity
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C012
  • 4-Digit Zip Code: 3486
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943,908

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 800,474
  • High Value: 926,428
  • Low Value: 674,521

    Market Valuation

  • Market Total Value: $543,100
  • Market Land Value: $204,900
  • Market Improvement Value: $338,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,100
  • Assessed Land Value: $204,900
  • Assessed Improvements Value: $338,200

    Sales

  • Current Sale Contract Date: Sep 04, 2019
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020007558
  • Previous Sale Recording Date: Aug 13, 2015
  • Previous Sale Contract Date: Aug 04, 2015
  • Previous Sale Amount: $439,900
  • 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 122-2g Bodman Place, Red Bank, NJ, 07701

$3,950 /mo

  • 2 Beds
  • 2 Baths
122-2g Bodman Place #2G, Red Bank, NJ, 07701 Listing by Joan S Picone
Unit for rent at 88 Oak Hill Road, Red Bank, NJ, 07701

$3,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,320 ft²
88 Oak Hill Road, Red Bank, NJ, 07701 Listing by Christine Sassin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michelle Schneider, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21934908
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 Unity Court built and last sold?
The property at 16 Unity Court was built in 2015 and last sold on Sep 4, 2019 for $545,000.
How much is this home worth?
The estimated value of the home located at 16 Unity Court is $0.
What are some comparable homes to 16 Unity Court?
There are currently no comparable homes to 16 Unity Court.
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