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Monmouth
2 Grandview Drive
$868,000
● House - Off Market

2 Grandview Drive

Holmdel, NJ 07733
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$996,274
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This impressively designed sleek ranch sits on 1.38 acres lending itself to formal entertaining as well as comfortable living.  The backyard is a private sanctuary with a blue-stone patio, full bar and outdoor kitchen with granite counters overlooking a full brick fireplace, basketball area and professionally landscaped yard.   Carefully maintained, this 4 bedroom, 3 bath home has well-appointed living areas with formal & informal living spaces.  Features include two fireplaces, wood floors, bonus rec room with wet bar, partially finished basement, mud room, 2-door garage with space for 3-cars and finished sitting room with heat and air.  This impressive stylish ranch will catch your eye..
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$303
Property Type
House
Property Taxes
$1,200
HOA Dues
-
Year Built
1970

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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: 2 years ago (MOMLS #22228657)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Sep 9, 2022 Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel $999,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,152
  • Garage Type: 1
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 3,327
  • Building Area: 3,327
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,327
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Holmdel Township School District
  • Census Tract: 803300

Zoning

  • Zoning: R40A

Geography

  • Account Number: 00808000
  • District: 20
  • Parcel: 20 00018- 01-00059
  • Block: 18.01
  • Lot: 59
  • Municipality: HOLMDEL TWP
  • Latitude: 40.3664
  • Longitude: -74.19

    Address

  • Full Address: 2 Grandview Dr
  • Address - House Number: 2
  • Address - Street Name: Grandview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Holmdel
  • Carrier Code: C016
  • 4-Digit Zip Code: 2008
  • Zip Code: 07733

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,497,979

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,038,792
  • High Value: 1,233,073
  • Low Value: 844,511

    Market Valuation

  • Market Total Value: $920,700
  • Market Land Value: $458,600
  • Market Improvement Value: $462,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,700
  • Assessed Land Value: $458,600
  • Assessed Improvements Value: $462,100

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 51233
  • Previous Sale Recording Date: Mar 30, 2006
  • Previous Sale Contract Date: Jul 25, 2005
  • Previous Sale Amount: $825,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1948 ft²

Average Home Age

45.1 years

Currently For Sale

2748 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 113 Dundee Court, Aberdeen, NJ, 07747

$2,500 /mo

  • 1 Bed
  • 1 Bath
113 Dundee Court, Aberdeen, NJ, 07747 Listing by Susan Grace McGowan
Unit for rent at 5 Pleasant Valley Road, Holmdel, NJ, 07733

$2,500 /mo

  • 3 Beds
  • 1 Bath
5 Pleasant Valley Road #3, Holmdel, NJ, 07733 Listing by Carl F Zellers

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Peter Maneri, Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22228657
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 Grandview Drive built and last sold?
The property at 2 Grandview Drive was built in 1970 and last sold on Jul 12, 2023 for $867,000.
How much is this home worth?
The estimated value of the home located at 2 Grandview Drive is $1,025,378.
What are some comparable homes to 2 Grandview Drive?
There are currently no comparable homes to 2 Grandview Drive.
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