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Monmouth
2 Pheasant Road
$960,000
● House - Off Market

2 Pheasant Road

Colts Neck, NJ 07722
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,398 Ft²
$2,153,244
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Take advantage of the value in this home! $300k in upgrades since last purchased! Full Brick colonial with open floor plan & professional-grade millwork & custom built-ins throughout. Endless upgrades thru entire home & a top of the line gourmet kitchen all meet the highest expectations. Fully finished walkout basement with full kitchen/bath,wet bar +2 bedrooms. Redone in-ground pool w/ sun-shelf/kiddy-pool entry surrounded by a stone fireplace & serene bluestone seating all beautifully lit.
Unit Size
3,398 Ft²
Days on Market
-
Land Size
2.49 acres
Price per sqft
$294
Property Type
House
Property Taxes
$1,122
HOA Dues
-
Year Built
1989

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 #21207295)

Price History

Date / Event Date Event Price
Jun 29, 2012 Sold
Premium
Sold
Feb 28, 2012 Listed by Coldwell Banker Realty $1,000,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,464
  • Total Building Area: 3,398
  • Building Area: 3,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,398
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002490
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809902

Zoning

  • Zoning: SF80

Geography

  • District: 10
  • Parcel: 10 00043-0000-00001- 01
  • Block: 43
  • Lot: 1.01
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.2788
  • Longitude: -74.2051

    Address

  • Full Address: 2 Pheasant Rd
  • Address - House Number: 2
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R088
  • 4-Digit Zip Code: 1715
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,753,923

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,310,941
  • High Value: 1,543,683
  • Low Value: 1,078,198

    Market Valuation

  • Market Total Value: $1,127,200
  • Market Land Value: $547,400
  • Market Improvement Value: $579,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,127,200
  • Assessed Land Value: $547,400
  • Assessed Improvements Value: $579,800

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jul 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012069518
  • Previous Sale Recording Date: Apr 22, 2004
  • Previous Sale Contract Date: Apr 01, 2004
  • Previous Sale Amount: $955,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.1 years

Currently For Sale

1813 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

Rentals Near You

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MOMMLS

Listed by: Justine Galdorise-Alfano, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21207295
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 Pheasant Road built and last sold?
The property at 2 Pheasant Road was built in 1989 and last sold on Jun 29, 2012 for $960,000.
How much is this home worth?
The estimated value of the home located at 2 Pheasant Road is $1,010,000.
What are some comparable homes to 2 Pheasant Road?
There are currently no comparable homes to 2 Pheasant Road.
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