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Monmouth
22 Kentucky Drive
$346,000
● House - Off Market

22 Kentucky Drive

Hazlet, NJ 07730
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,851 Ft²
$576,554
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Hazlet split with third floor Master Suite, needs some completion work. Has it's own bath and room for a huge walk in closet!All freshly painted , most flooring hardwood or pergo. Living room, diningroom and kitchen open with sliders to deck and yard. Familyroom has new pergo floor. Lot 70x100 fenced in.
Unit Size
1,851 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1963

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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 #21644525)

Price History

Date / Event Date Event Price
Mar 23, 2017 Sold
Premium
Sold
Nov 30, 2016 Listed by Gloria Nilson & Co. Real Estate $349,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,841
  • Building Area: 1,841
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,841
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: AMERICANA MODEL

Neighborhood

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

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 41
  • Account Number: 018366
  • District: 18
  • Parcel: 18 00106-0000-00010
  • Block: 106
  • Lot: 10
  • Municipality: HAZLET TWP
  • Latitude: 40.4288
  • Longitude: -74.1663

    Address

  • Full Address: 22 Kentucky Dr
  • Address - House Number: 22
  • Address - Street Name: Kentucky
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C008
  • 4-Digit Zip Code: 2244
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $981,738

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 572,400
  • High Value: 683,368
  • Low Value: 461,432

    Market Valuation

  • Market Total Value: $459,400
  • Market Land Value: $276,000
  • Market Improvement Value: $183,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,400
  • Assessed Land Value: $276,000
  • Assessed Improvements Value: $183,400

    Sales

  • Current Sale Contract Date: Jan 29, 2004
  • Current Sale Recording Date: Apr 05, 2004
  • Current Sale Price:
    Premium
  • Current 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

1950 ft²

Average Home Age

45 years

Currently For Sale

2739 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: Florence May, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21644525
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 22 Kentucky Drive built and last sold?
The property at 22 Kentucky Drive was built in 1963 and last sold on Jan 29, 2004 for $305,000.
How much is this home worth?
The estimated value of the home located at 22 Kentucky Drive is $353,399.
What are some comparable homes to 22 Kentucky Drive?
There are currently no comparable homes to 22 Kentucky Drive.
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