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Monmouth 07731
2 Cobblestone Court
$550,000
● House - Off Market

2 Cobblestone Court

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,826 Ft²
$575,509
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome to 2 Cobblestone Ct! This corner lot in the Glen Arden section of Howell features 3 Bedrooms on the 3rd level and a bonus bedroom / Den on the first floor. The primary bedroom has huge walk-in closet and private bathroom. This house has a partial basement with washer/dryer and spacious 2 car garage. The HVAC, hot water heater, windows and roof are all less than 6 years old. Add in the fact that the attic has an extra layer of insulation you're sure to save on utility costs! 2 hour notice requested.
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$301
Property Type
House
Property Taxes
$732
HOA Dues
$28
Year Built
1978

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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 #22228557)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Sep 9, 2022 Listed by RE/MAX Realty 9 $550,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 648
  • Garage Type: 10
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,826
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811303

Zoning

  • Zoning: RC-1

Geography

  • Assessors Map Reference: TAX MAP 4.46
  • Account Number: 210360
  • District: 21
  • Parcel: 21 00084- 01-00036
  • Block: 84.01
  • Lot: 36
  • Municipality: HOWELL TWP
  • Latitude: 40.149
  • Longitude: -74.2428

    Address

  • Full Address: 2 Cobblestone Ct
  • Address - House Number: 2
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Howell
  • Carrier Code: C009
  • 4-Digit Zip Code: 1604
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,009,593

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 621,180
  • High Value: 738,478
  • Low Value: 503,882

    Market Valuation

  • Market Total Value: $542,500
  • Market Land Value: $281,000
  • Market Improvement Value: $261,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,500
  • Assessed Land Value: $281,000
  • Assessed Improvements Value: $261,500

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 107323
  • Previous Sale Recording Date: Dec 05, 2001
  • Previous Sale Contract Date: Nov 30, 2001
  • Previous Sale Amount: $230,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

2024 ft²

Average Home Age

45.2 years

Currently For Sale

2743 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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dani Casais, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22228557
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 2 Cobblestone Court built and last sold?
The property at 2 Cobblestone Court was built in 1978 and last sold on Oct 5, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Cobblestone Court is $0.
What are some comparable homes to 2 Cobblestone Court?
There are currently no comparable homes to 2 Cobblestone Court.
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