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Monmouth 07748
17 Acker Drive
$610,000
● House - Off Market

17 Acker Drive

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,296 Ft²
$635,789
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Now you can live in this New Monmouth neighborhood at an affordable price! Possible multi-generational home with two kitchens. This home is located on a large lot in a desirable and private neighborhood.  Private kitchen and full bathroom in lower level with own entrance. You can utilize this area for in-laws or extended space for summer pool entertaining. Hardwoods all just redone and entire house painted! Move in ready! Large flat backyard with pool , paver patio and a large deck. Large eat in kitchen with sliders to deck over looking pool.  Evergreen Park is a short walking distance. Close to transportation and area beaches.
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$261
Property Type
House
Property Taxes
$802
HOA Dues
-
Year Built
1958

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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 #22221301)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Resources Real Estate $599,300
Listed by Resources Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,232
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000533
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800702

Zoning

  • Zoning: R-22

Geography

  • Assessors Map Reference: TAX MAP 80
  • Account Number: Apr 01, 2007
  • District: 32
  • Parcel: 32 00612-0000-00018
  • Block: 612
  • Lot: 18
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4117
  • Longitude: -74.1197

    Address

  • Full Address: 17 Acker Dr
  • Address - House Number: 17
  • Address - Street Name: Acker
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C020
  • 4-Digit Zip Code: 1614
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $967,197

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 734,149
  • High Value: 871,342
  • Low Value: 596,955

    Market Valuation

  • Market Total Value: $556,500
  • Market Land Value: $343,200
  • Market Improvement Value: $213,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,500
  • Assessed Land Value: $343,200
  • Assessed Improvements Value: $213,300

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 363
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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1962 ft²

Average Home Age

45.1 years

Currently For Sale

2826 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 156 Main Street, Port Monmouth, NJ, 07758

$4,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,474 ft²
156 Main Street, Port Monmouth, NJ, 07758 Listing by Amy Neff
Unit for rent at 12 Persimmon Lane, Holmdel, NJ, 07733

$4,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,064 ft²
12 Persimmon Lane, Holmdel, NJ, 07733 Listing by Denise Ripnick

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Diane McGregor, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22221301
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 17 Acker Drive built and last sold?
The property at 17 Acker Drive was built in 1958 and last sold on Dec 19, 2022 for $610,000.
How much is this home worth?
The estimated value of the home located at 17 Acker Drive is $0.
What are some comparable homes to 17 Acker Drive?
There are currently no comparable homes to 17 Acker Drive.
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