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Monmouth 07748
201 Ballantine Road
$725,000
● House - Off Market

201 Ballantine Road

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,223 Ft²
$767,492
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome home to this breathtaking colonial home located in the desirable Oak Hill section of Middletown! This 4 bedroom 2.5 bath offers plenty of entertaining space. On the first level you'll find the freshly updated kitchen with SS appliances that invites an abundance of natural light throughout the day. Off of the kitchen is a spacious dining room that leads into a formal living room. The family room is the perfect place to relax and unwind next to the fireplace. The garage is conveniently accessible allowing plenty of storage space. On the second level you'll find the 4 generous sized bedrooms and a full guest bathroom w/heated floor. The extensive master bedroom includes 2 closets and its own private bathroom w/heated floors. Sitting on about half an acre of well cared for landscape.
Unit Size
2,223 Ft²
Days on Market
-
Land Size
-
Price per sqft
$326
Property Type
House
Property Taxes
$1,012
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22229393)

Price History

Date / Event Date Event Price
Jan 24, 2023 Sold
Premium
Sold
Sep 15, 2022 Listed by Resources Real Estate $725,000
Listed by Resources Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 858
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 21,875
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,223
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000502
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801200

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 216
  • Account Number: 390
  • District: 32
  • Parcel: 32 00984-0000-00021
  • Block: 984
  • Lot: 21
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.366
  • Longitude: -74.1396

    Address

  • Full Address: 201 Ballantine Rd
  • Address - House Number: 201
  • Address - Street Name: Ballantine
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C014
  • 4-Digit Zip Code: 3014
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,265,264

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 855,247
  • High Value: 1,020,518
  • Low Value: 689,977

    Market Valuation

  • Market Total Value: $728,000
  • Market Land Value: $385,700
  • Market Improvement Value: $342,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $728,000
  • Assessed Land Value: $385,700
  • Assessed Improvements Value: $342,300

    Sales

  • Current Sale Contract Date: Jan 23, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10546
  • Previous Sale Recording Date: Aug 02, 1985
  • Previous Sale Contract Date: Aug 02, 1985
  • Previous Sale Amount: $179,900
  • 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

0.55%

Average Days on Market

63

Average Home Size

1962 ft²

Average Home Age

45.1 years

Currently For Sale

2826 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 89 Middletown Road, Holmdel, NJ, 07733

$2,500 /mo

  • 1 Bed
  • 1 Bath
89 Middletown Road #REAR, Holmdel, NJ, 07733 Listing by Peter Maneri

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Diane McGregor, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22229393
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 201 Ballantine Road built and last sold?
The property at 201 Ballantine Road was built in 1968 and last sold on Jan 23, 2023 for $725,000.
How much is this home worth?
The estimated value of the home located at 201 Ballantine Road is $0.
What are some comparable homes to 201 Ballantine Road?
There are currently no comparable homes to 201 Ballantine Road.
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