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Monmouth 07753
1740 Azure Drive
$810,000
● House - Off Market

1740 Azure Drive

Wall, NJ 07753
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,090 Ft²
$1,373,269
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

4 Sided Brick Colonial * Custom Home * In Ground Pool surrounded by spacious patio for outdoor entertaining * Circular Driveway * Vaulted Ceiling in Family Room * Refinished Hardwood Floors and New Carpet *  French Doors to Office * Formal Dining Room with Tray Ceiling * Freshly Painted Interior * MBR with Volume Ceiling * Huge Kitchen w / Center Island, Viking Cooktop, Wall Oven, Wine Fridge and Bar Sink * Updated Master Bathroom w/ Double Vanity, Shower and Soaking Tub * Princess Suite with Tray Ceiling and Walk-in Closet * Tremendous Full Basement with High Ceiling and Staircase from inside the house and from the 3 Car Garage  *
Unit Size
4,090 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$208
Property Type
House
Property Taxes
$1,333
HOA Dues
-
Year Built
2001

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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 #21703198)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Jan 27, 2017 Listed by C21/ Charles Smith Agency $849,900
Listed by C21/ Charles Smith Agency

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • 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: 2
  • 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: 2,069
  • Garage Type: 10
  • Garage Square Area: 826
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 4,090
  • Building Area: 4,090
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,090
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808600

Zoning

  • Zoning: R-60

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 52
  • Parcel: 52 00942- 01-00002
  • Block: 942.01
  • Lot: 2
  • Municipality: WALL TWP
  • Latitude: 40.1809
  • Longitude: -74.1049

    Address

  • Full Address: 1740 Azure Dr
  • Address - House Number: 1740
  • Address - Street Name: Azure
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wall Township
  • Carrier Code: C007
  • 4-Digit Zip Code: 7129
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,778,066

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,348,774
  • High Value: 1,577,554
  • Low Value: 1,119,995

    Market Valuation

  • Market Total Value: $859,800
  • Market Land Value: $252,000
  • Market Improvement Value: $607,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $859,800
  • Assessed Land Value: $252,000
  • Assessed Improvements Value: $607,800

    Sales

  • Current Sale Contract Date: May 24, 2017
  • Current Sale Recording Date: Jun 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017054226
  • Previous Sale Recording Date: Dec 29, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 64
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:

$725,000

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

45 years

Currently For Sale

2930 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

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MOMMLS

Listed by: Todd Kessler, C21/ Charles Smith Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21703198
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 1740 Azure Drive built and last sold?
The property at 1740 Azure Drive was built in 2001 and last sold on May 24, 2017 for $810,000.
How much is this home worth?
The estimated value of the home located at 1740 Azure Drive is $0.
What are some comparable homes to 1740 Azure Drive?
There are currently no comparable homes to 1740 Azure Drive.
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