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Monmouth 07731
22 Newport Drive
$535,000
● House - Off Market

22 Newport Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths
$499,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Amazing opportunity to enjoy all of the beautiful finishes in this 3 bedroom, 2 full bathroom RANCH with BASEMENT! The 1 car garage has a brand new garage door opener. The home features a new front door, new ceiling fans & light fixtures, new stunning backsplash, new deck, freshly finished hardwood floors, Carrara floors in the kitchen, new toilets & new tile in both bathrooms. The huge, bright basement has room to set up a playroom/home office & plenty of room to entertain plus storage! New roof, newer washer/dryer, new kitchen faucet & cabinet pulls, granite countertops & gorgeous cabinets. The large backyard includes a shed & playset. Seller can accommodate a quick closing and this house is move in ready - freshly painted Benjamin Moore Pale Oak, a lovely neutral shade! Must see!
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1966

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: 3 years ago (MOMLS #22327897)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
Oct 6, 2023 Listed by Keller Williams Realty West Monmouth $499,999
Listed by Keller Williams Realty West Monmouth

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,008
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,870
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000364
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811402

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.18
  • Account Number: 013600
  • District: 21
  • Parcel: 21 00035- 13-00022
  • Block: 35.13
  • Lot: 22
  • Municipality: HOWELL TWP
  • Latitude: 40.1572
  • Longitude: -74.2163

    Address

  • Full Address: 22 Newport Dr
  • Address - House Number: 22
  • Address - Street Name: Newport
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C020
  • 4-Digit Zip Code: 1713
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $717,043

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 490,661
  • High Value: 586,505
  • Low Value: 394,818

    Market Valuation

  • Market Total Value: $385,300
  • Market Land Value: $254,000
  • Market Improvement Value: $131,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,300
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $131,300

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 80108
  • Previous Sale Recording Date: Sep 14, 2023
  • Previous Sale Contract Date: Aug 17, 2023
  • Previous Sale Amount: $325,000
  • 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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1958 ft²

Average Home Age

45.6 years

Currently For Sale

1832 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jennifer Klein, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22327897
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 Newport Drive built and last sold?
The property at 22 Newport Drive was built in 1966 and last sold on Nov 7, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 22 Newport Drive is $0.
What are some comparable homes to 22 Newport Drive?
There are currently no comparable homes to 22 Newport Drive.
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