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Monmouth 07731
2 Sherrybrooke Drive
$425,000
● House - Off Market

2 Sherrybrooke Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,003 Ft²
$695,447
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

A model is always a model! That's exactly what this home was when Sunrise Station was developed and one of the few that has a basement (finished)! Almost everything is new in the last year...New hardwood floors, carpet and tile. Upgraded kitchen with granite counters, tile backsplash, new 5 burner GE stove, microwave, sliding door and crown moulding. The finished basement is a perfect man cave or recreation room complete with a gym area, office/ kids room. The exterior is just as impressive with two new garage doors, new driveway and most of the windows have been replaced. Large deck that overlooks sizeable fenced yard that will be perfect for any of your outdoor needs. Commuter delight just a block to the NYC bus stop, convenient to 195 and shopping.
Unit Size
2,003 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$838
HOA Dues
-
Year Built
1993

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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 #21739689)

Price History

Date / Event Date Event Price
Dec 1, 2017 Sold
Premium
Sold
Oct 12, 2017 Listed by Coldwell Banker Realty $439,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,145
  • Garage Type: 10
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,003
  • Building Area: 2,003
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811301

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 7.20
  • Account Number: 04789064
  • District: 21
  • Parcel: 21 00110-0000-00170- 64
  • Block: 110
  • Lot: 170.64
  • Municipality: HOWELL TWP
  • Latitude: 40.1751
  • Longitude: -74.2446

    Address

  • Full Address: 2 Sherrybrooke Dr
  • Address - House Number: 2
  • Address - Street Name: Sherrybrooke
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: R001
  • 4-Digit Zip Code: 3108
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030,617

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 692,273
  • High Value: 808,142
  • Low Value: 576,404

    Market Valuation

  • Market Total Value: $553,500
  • Market Land Value: $276,000
  • Market Improvement Value: $277,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,500
  • Assessed Land Value: $276,000
  • Assessed Improvements Value: $277,500

    Sales

  • Current Sale Contract Date: Nov 27, 2017
  • Current Sale Recording Date: Dec 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017124443
  • Previous Sale Recording Date: Sep 26, 2002
  • Previous Sale Contract Date: Jan 06, 2002
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1963 ft²

Average Home Age

45.4 years

Currently For Sale

1821 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Angelicola, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21739689
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 Sherrybrooke Drive built and last sold?
The property at 2 Sherrybrooke Drive was built in 1993 and last sold on Nov 27, 2017 for $420,000.
How much is this home worth?
The estimated value of the home located at 2 Sherrybrooke Drive is $461,709.
What are some comparable homes to 2 Sherrybrooke Drive?
There are currently no comparable homes to 2 Sherrybrooke Drive.
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