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Monmouth 07748
211 Lynch Road
$499,900
● House - Off Market

211 Lynch Road

New Monmouth, NJ 07748
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,730 Ft²
$710,806
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Super sized! Bring the ENTIRE family..lots of room here! Addition  of 2 bedrooms, one a master suite with walk in closet & attached bath, makes this home a great candidate for a mother daughter set up or private bedroom w/a separate sitting area or nursery.This side hall Colonial features the living room flowing into the formal dining room. Updated kitchen w/granite counters & stainless appliances over looks the spacious family room w/ rustic touches & cozy wood fireplace! From there you exit to a summer fun deck & above ground pool! The yard will provide nice privacy as it backs to the neighborhood common land . The basement w/ new carpet is finished into 3  rooms perfect for play room, office or gym! From the rocking chair front porch to the 2 car garage, there is something for everyone!
Unit Size
2,730 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$1,023
HOA Dues
$13
Year Built
1980

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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 #22005547)

Price History

Date / Event Date Event Price
Apr 20, 2020 Sold
Premium
Sold
Feb 10, 2020 Listed by Heritage House Sotheby's International Realty $499,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Area: 756
  • Garage Type: 2
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,880
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,730
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800702

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 102
  • Account Number: 9-5-3.5
  • District: 32
  • Parcel: 32 00618-0000-00005
  • Block: 618
  • Lot: 5
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4027
  • Longitude: -74.1148

    Address

  • Full Address: 211 Lynch Rd
  • Address - House Number: 211
  • Address - Street Name: Lynch
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C006
  • 4-Digit Zip Code: 2144
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,258,833

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 876,877
  • High Value: 1,040,743
  • Low Value: 713,011

    Market Valuation

  • Market Total Value: $724,300
  • Market Land Value: $293,000
  • Market Improvement Value: $431,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,300
  • Assessed Land Value: $293,000
  • Assessed Improvements Value: $431,300

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020053946
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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.4 years

Currently For Sale

1811 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 88 Oak Hill Road, Red Bank, NJ, 07701

$3,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,320 ft²
88 Oak Hill Road, Red Bank, NJ, 07701 Listing by Christine Sassin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rosanne Egidio, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22005547
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 211 Lynch Road built and last sold?
The property at 211 Lynch Road was built in 1980 and last sold on Apr 14, 2020 for $499,900.
How much is this home worth?
The estimated value of the home located at 211 Lynch Road is $0.
What are some comparable homes to 211 Lynch Road?
There are currently no comparable homes to 211 Lynch Road.
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