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Monmouth 07753 Neptune
208 Elm Drive
$344,000
● House - Off Market

208 Elm Drive

Neptune Township, NJ 07753
bedrooms
4 Beds
bathrooms
1 Bath
$449,344
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Check out this completely REMODELED and UPDATED home in Hamilton Gardens! This cozy cape with a full basement offers a BRAND NEW KITCHEN with all new SS appliances, a NEW modern bathroom, beautifully refinished hardwood flooring, and 2 extra rooms upstairs! The many upgrades include a NEW HVAC, 2 yr old water heater and a whole house fan! An extended breezeway separates the home and over-sized detached garage, leading to the large deck overlooking a serene fenced-in backyard. The full basement adds additional potential and storage. A commuters dream, located within minutes to GSP, Rt 18, Belmar Beach, Jersey Shore Premium Outlets, great parks & great restaurants. Move in today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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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 #22029680)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Aug 22, 2020 Listed by Keller Williams Shore Properties $339,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 768
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMILTON GARDENS
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 808002

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 49.4
  • Account Number: 00075060
  • District: 35
  • Parcel: 35 04205-0000-00005
  • Block: 4205
  • Lot: 5
  • Municipality: NEPTUNE TWP
  • Latitude: 40.209
  • Longitude: -74.0881

    Address

  • Full Address: 208 Elm Dr
  • Address - House Number: 208
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C006
  • 4-Digit Zip Code: 3316
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,170

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 495,797
  • High Value: 595,477
  • Low Value: 396,116

    Market Valuation

  • Market Total Value: $381,600
  • Market Land Value: $197,000
  • Market Improvement Value: $184,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,600
  • Assessed Land Value: $197,000
  • Assessed Improvements Value: $184,600

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020140850
  • Previous Sale Recording Date: Jul 01, 2003
  • Previous Sale Contract Date: Jun 18, 2003
  • Previous Sale Amount: $244,900
  • 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 Neptune

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1621 ft²

Average Home Age

70.9 years

Currently For Sale

75 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 19 Pinto Drive, Tinton Falls, NJ, 07753

$3,650 /mo

  • 2 Beds
  • 2 Baths
19 Pinto Drive, Tinton Falls, NJ, 07753 Listing by Wendy Acevedo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Charles Walden, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22029680
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 208 Elm Drive built and last sold?
The property at 208 Elm Drive was built in 1958 and last sold on Oct 23, 2020 for $344,000.
How much is this home worth?
The estimated value of the home located at 208 Elm Drive is $0.
What are some comparable homes to 208 Elm Drive?
There are currently no comparable homes to 208 Elm Drive.
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