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Monmouth 07719
1931 Troy Drive
$780,000
● House - Off Market

1931 Troy Drive

Wall, NJ 07719
bedrooms
5 Beds
bathrooms
3 Baths
$1,254,056
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Impeccably Updated * Brand New Kitchen w/ Center Island, Wine Rack and more * 2 Story Foyer * Vaulted Family Room with wall of windows, fireplace & 2nd Staircase * Refinished Hardwood Floors & New Carpet * Freshly Painted Interior * 1st Floor Laundry Room * Decorative Columns separate the Living Room from the Dining Room * Master Suite features a tray ceiling, walk-in closet and a just remodeled bathroom with shower, free standing tub for soaking away a tough day at work and double vanity * 2nd Bedroom is tremendous and has a walk-in closet * Fully Finished Basement with plenty of lighting and new vinyl laminate flooring * The beach is close by but you can also enjoy summer in your own rounded L-Shaped Pool with new liner on a 1.41 acre lot that is over 400' deep for privacy galore
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,237
HOA Dues
-
Year Built
1999

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 #21823165)

Price History

Date / Event Date Event Price
Sep 21, 2018 Sold
Premium
Sold
Jun 11, 2018 Listed by C21/ Charles Smith Agency $829,000
Listed by C21/ Charles Smith Agency

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1,722
  • Garage Type: 10
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 61,420
  • Lot Size Depth Feet: 4,060
  • Lot Size Frontage Feet: 1,970
  • Total Building Area: 3,221
  • Building Area: 3,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,221
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001410
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808501

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 77
  • District: 52
  • Parcel: 52 00271-0000-00028- 18
  • Block: 271
  • Lot: 28.18
  • Municipality: WALL TWP
  • Latitude: 40.1562
  • Longitude: -74.0583

    Address

  • Full Address: 1931 Troy Dr
  • Address - House Number: 1931
  • Address - Street Name: Troy
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wall Township
  • Carrier Code: C013
  • 4-Digit Zip Code: 3662
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,640,492

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 1,237,205
  • High Value: 1,526,438
  • Low Value: 947,972

    Market Valuation

  • Market Total Value: $785,300
  • Market Land Value: $264,300
  • Market Improvement Value: $521,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $785,300
  • Assessed Land Value: $264,300
  • Assessed Improvements Value: $521,000

    Sales

  • Current Sale Contract Date: Sep 18, 2018
  • Current Sale Recording Date: Sep 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018092989
  • Previous Sale Recording Date: Feb 13, 2018
  • Previous Sale Contract Date: Oct 19, 2017
  • Previous Sale Amount: $765,677
  • 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

1948 ft²

Average Home Age

45 years

Currently For Sale

2942 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 412 Brighton Avenue, Spring Lake, NJ, 07762

$6,250 /mo

  • 4 Beds
  • 3 Baths
412 Brighton Avenue, Spring Lake, NJ, 07762 Listing by Cindy Napp
Unit for rent at 306 Ocean Road, Spring Lake, NJ, 07762

$6,000 /mo

  • 5 Beds
  • 3 Baths
306 Ocean Road, Spring Lake, NJ, 07762 Listing by Louise Kelly Decker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Todd Kessler, C21/ Charles Smith Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21823165
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 1931 Troy Drive built and last sold?
The property at 1931 Troy Drive was built in 1999 and last sold on Sep 18, 2018 for $780,000.
How much is this home worth?
The estimated value of the home located at 1931 Troy Drive is $0.
What are some comparable homes to 1931 Troy Drive?
There are currently no comparable homes to 1931 Troy Drive.
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