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Somerset 08844
17 Van Deripe Drive
$695,000
● House - Off Market

17 Van Deripe Drive

Hillsborough, NJ 08844
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$1,018,614
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Picture Perfect cul-de-sac location! This impeccable kept home is waiting for its new homeowner. Bright & sunny two story foyer. Home offers 10' ceilings, recess lights & decorative moldings. Hardwood floors. Beautiful newer kitchen with cherry cabinets, granite counters, tile backsplash, SS appliances. Sliding doors in kitchen that leads to trex deck only 2 years old. Master bedroom offers a 1 year old SHOWCASE BATHROOM. Features: Free standing soaking tub, extra large shower with seat & dual shower heads, double sinks with quartz countertop. You will not find a walk-in-closet this size 4x12 with dressing area. Also a Bonus room. Newly Finished basement is tastefully done with wet bar, surround sound, play room & full bath. Great for entertaining. Roof 1 year old. Newer 2 zone HVAC.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,266
HOA Dues
-
Year Built
1992

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 #21921738)

Price History

Date / Event Date Event Price
Sep 13, 2019 Sold
Premium
Sold
May 25, 2019 Listed by Heritage House Sotheby's International Realty $695,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,836
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 3,134
  • Building Area: 3,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEANT VIEW FARMS
  • Land Acres: 0000000524
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053704

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 107
  • District: 10
  • Parcel: 10 00177- 02-00068
  • Block: 177.02
  • Lot: 68
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.4902
  • Longitude: -74.663

    Address

  • Full Address: 17 Van Deripe Rd
  • Address - House Number: 17
  • Address - Street Name: Van Deripe
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: R008
  • 4-Digit Zip Code: 1802
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,629,606

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 984,611
  • High Value: 1,132,272
  • Low Value: 836,949

    Market Valuation

  • Market Total Value: $774,402
  • Market Land Value: $348,885
  • Market Improvement Value: $425,517

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,900
  • Assessed Land Value: $341,000
  • Assessed Improvements Value: $415,900

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019035143
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Contract Date: Oct 30, 2012
  • Previous Sale Amount: $577,000
  • 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 Somerset

Stats & Trends

Median Asking:

$599,995

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1220 ft²

Average Home Age

24.2 years

Currently For Sale

996 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 1401 Taggert Drive, Montgomery, NJ, 08502

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,466 ft²
1401 Taggert Drive, Montgomery, NJ, 08502 Listing by MARIA P. SITOY

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Maryann Callahan, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21921738
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 Van Deripe Drive built and last sold?
The property at 17 Van Deripe Drive was built in 1992 and last sold on Sep 11, 2019 for $695,000.
How much is this home worth?
The estimated value of the home located at 17 Van Deripe Drive is $0.
What are some comparable homes to 17 Van Deripe Drive?
There are currently no comparable homes to 17 Van Deripe Drive.
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