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Monmouth 07748
21 Verrazano Drive
$465,000
● House - Off Market

21 Verrazano Drive

Middletown, NJ 07748
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,400 Ft²
$1,133,714
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

Great home on cul-de-sac,5 bedrooms, 3.5 baths, move in ready. 3400 sf living and entertaining plus a full finished basement. 2 car garage. Nice location, minutes to Rt's 35-36 - ferry & Middletown train station.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$144
Property Type
House
Property Taxes
$984
HOA Dues
-
Year Built
1988

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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: 2 years ago (MOMLS #21140250)

Price History

Date / Event Date Event Price
Jan 13, 2012 Sold
Premium
Sold
Nov 1, 2011 Listed by Heritage House Sotheby's International Realty $489,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,784
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 33,345
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 2,470
  • Total Building Area: 3,370
  • Building Area: 3,370
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,370
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000765
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801000

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 148
  • Account Number: 9-5-355
  • District: 32
  • Parcel: 32 00825-0000-00020
  • Block: 825
  • Lot: 20
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3901
  • Longitude: -74.0854

    Address

  • Full Address: 21 Verrazano Dr
  • Address - House Number: 21
  • Address - Street Name: Verrazano
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C019
  • 4-Digit Zip Code: 3546
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,396,483

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,007,250
  • High Value: 1,196,620
  • Low Value: 817,880

    Market Valuation

  • Market Total Value: $803,500
  • Market Land Value: $322,100
  • Market Improvement Value: $481,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,500
  • Assessed Land Value: $322,100
  • Assessed Improvements Value: $481,400

    Sales

  • Current Sale Contract Date: Jan 13, 2012
  • Current Sale Recording Date: Jan 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012008010
  • Previous Sale Recording Date: Jun 01, 2007
  • Previous Sale Contract Date: Apr 25, 2007
  • Previous Sale Amount: $650,000
  • 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

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MOMMLS

Listed by: Joy DeLucia, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21140250
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 Verrazano Drive built and last sold?
The property at 21 Verrazano Drive was built in 1988 and last sold on Jan 13, 2012 for $467,500.
How much is this home worth?
The estimated value of the home located at 21 Verrazano Drive is $493,890.
What are some comparable homes to 21 Verrazano Drive?
There are currently no comparable homes to 21 Verrazano Drive.
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