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Monmouth 07731
2 Thousand Oaks Terrace
$515,000
● House - Off Market

2 Thousand Oaks Terrace

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$657,799
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Welcome home to the beautiful Thousand Oaks development of Howell. Spacious and open 4 bed 2.5 bath home with a full finished basement with private office. Welcoming double entry doors with 2 story foyer. Large kitchen with tons of storage and recessed lighting, opens to the  family room with wood burning fireplace and sliders that lead to a spacious deck and yard. Formal living room with vaulted ceiling, and formal dining room. Walk in pantry and laundry complete the main level. Upstairs that are 4 large bedrooms including a master with vaulted ceiling, 2 walk in closets and bath with separate tub and shower. Large closets in all bedrooms. Attached side entry 2 car garage. In ground sprinkler system, security system and 2 zone HVAC.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$991
HOA Dues
-
Year Built
1996

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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 #22043933)

Price History

Date / Event Date Event Price
Mar 22, 2021 Sold
Premium
Sold
Dec 28, 2020 Listed by C21/ Action Plus Realty $529,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • 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: 1,350
  • Garage Type: 10
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,732
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 3.11
  • District: 21
  • Parcel: 21 00028- 01-00010
  • Block: 28.01
  • Lot: 10
  • Municipality: HOWELL TWP
  • Latitude: 40.138
  • Longitude: -74.2191

    Address

  • Full Address: 2 Thousand Oaks Ter
  • Address - House Number: 2
  • Address - Street Name: Thousand Oaks
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Howell
  • Carrier Code: C018
  • 4-Digit Zip Code: 3606
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,067,284

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 815,719
  • High Value: 968,905
  • Low Value: 662,533

    Market Valuation

  • Market Total Value: $573,500
  • Market Land Value: $189,000
  • Market Improvement Value: $384,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $573,500
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $384,500

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021175382
  • Previous Sale Recording Date: Oct 12, 1996
  • Previous Sale Contract Date: Sep 30, 1996
  • Previous Sale Amount: $226,000
  • 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:

$724,999

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1954 ft²

Average Home Age

45.2 years

Currently For Sale

3008 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 140 Cannonball Drive, Howell, NJ, 07731

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
140 Cannonball Drive, Howell, NJ, 07731 Listing by Isaac Nussbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christopher Quinn, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22043933
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 Thousand Oaks Terrace built and last sold?
The property at 2 Thousand Oaks Terrace was built in 1996 and last sold on Mar 17, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 2 Thousand Oaks Terrace is $0.
What are some comparable homes to 2 Thousand Oaks Terrace?
There are currently no comparable homes to 2 Thousand Oaks Terrace.
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