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Monmouth
21 Monterey Drive
$237,500
● House - Off Market

21 Monterey Drive

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
2 Baths
$539,508
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

THIS IMMACULATE, CUTE AS A BUTTON CAPE, IS SET ON A LARGE, FULLY FENCED IN CORNER LOT. NEW CARPET IN LARGE LIVING ROOM WITH BAY/BOW WINDOW OPENS TO KITCHEN WITH MAPLE CABINETRY. ONE BEDROOM ON FIRST FLOOR HAS LAMINATE FLOORING AND THE MASTER IS CARPETED WITH A LARGE CLOSET. BEAUTIFUL FULL BATH ON FIRST FLOOR TOO! UPSTAIRS YOU WILL FIND TWO AWESOME BEDROOMS AND FULL BATH. THIS WINNER HAS A NEWER ROOF, DOUBLE WIDE DRIVEWAY WITH CARPORT, THREE STORAGE SHEDS, AND BEAUTFUL SETTING! A PERFECT 10!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1963

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: 2 years ago (MOMLS #21222386)

Price History

Date / Event Date Event Price
Oct 1, 2012 Sold
Premium
Sold
Jun 18, 2012 Listed by Keller Williams Realty West Monmouth $250,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,289
  • Building Area: 1,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,289
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: NANTUCKET CAPE MODEL

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802100

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 44
  • Account Number: 014068
  • District: 18
  • Parcel: 18 00083-0000-00001
  • Block: 83
  • Lot: 1
  • Municipality: HAZLET TWP
  • Latitude: 40.4311
  • Longitude: -74.1726

    Address

  • Full Address: 21 Monterey Dr
  • Address - House Number: 21
  • Address - Street Name: Monterey
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C005
  • 4-Digit Zip Code: 2143
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $854,159

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 475,607
  • High Value: 560,046
  • Low Value: 391,169

    Market Valuation

  • Market Total Value: $399,700
  • Market Land Value: $278,300
  • Market Improvement Value: $121,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,700
  • Assessed Land Value: $278,300
  • Assessed Improvements Value: $121,400

    Sales

  • Current Sale Contract Date: Oct 01, 2012
  • Current Sale Recording Date: Oct 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012107868
  • Previous Sale Recording Date: May 15, 1998
  • Previous Sale Contract Date: May 13, 1998
  • Previous Sale Amount: $125,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1957 ft²

Average Home Age

45 years

Currently For Sale

2720 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 86 Banyan Boulevard, Holmdel, NJ, 07733

$4,150 /mo

  • 3 Beds
  • 2 Baths
  • 2,145 ft²
86 Banyan Boulevard, Holmdel, NJ, 07733 Listing by Catherine Erkal
Unit for rent at 450 Beachway Avenue, Keansburg, NJ, 07734

$4,500 /mo

  • 3 Beds
  • 3 Baths
450 Beachway Avenue, Keansburg, NJ, 07734 Listing by Moataz Ghounem

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Karen Buonomo, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21222386
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 21 Monterey Drive built and last sold?
The property at 21 Monterey Drive was built in 1963 and last sold on Oct 1, 2012 for $237,750.
How much is this home worth?
The estimated value of the home located at 21 Monterey Drive is $252,500.
What are some comparable homes to 21 Monterey Drive?
There are currently no comparable homes to 21 Monterey Drive.
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