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Monmouth 07731
23 Appletree Road
$515,000
● House - Off Market

23 Appletree Road

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,618 Ft²
$473,704
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Oak Glen Cape in Howell with 3 bedrooms, 2.5 baths, 2 car garage on a corner lot. Eat in Kitchen with newer refrigerator and dishwasher, Living room with wood burning fireplace and Dining room with hardwood floors. Bedroom on first floor with 2 full baths. Second floor with 2 bedrooms and half bath. Newer HVAC 2021, washer and dryer 2023, newer roof and new gutters, tankless water heater, custom trim staircase and molding, and solid wood doors. Fenced in yard with back deck. Beautiful landscaping.  Generator Included! Close to all the shopping you need and a 5 minute drive to 195 for an easy commute, come see for yourself!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$294
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1984

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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 #22314595)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 31, 2023 Listed by Keller Williams Realty Monmouth/Ocean $475,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,323
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.01
  • Account Number: 02299206
  • District: 21
  • Parcel: 21 00035- 60-00006
  • Block: 35.60
  • Lot: 6
  • Municipality: HOWELL TWP
  • Latitude: 40.1508
  • Longitude: -74.1949

    Address

  • Full Address: 23 Appletree Rd
  • Address - House Number: 23
  • Address - Street Name: Appletree
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: C022
  • 4-Digit Zip Code: 2224
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $812,140

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 534,013
  • High Value: 640,312
  • Low Value: 427,714

    Market Valuation

  • Market Total Value: $436,400
  • Market Land Value: $270,200
  • Market Improvement Value: $166,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,400
  • Assessed Land Value: $270,200
  • Assessed Improvements Value: $166,200

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 49705
  • Previous Sale Recording Date: Nov 16, 2009
  • Previous Sale Contract Date: Nov 06, 2009
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 12
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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1966 ft²

Average Home Age

45.1 years

Currently For Sale

2837 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 6 Swan Road, Howell, NJ, 07731

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
6 Swan Road, Howell, NJ, 07731 Listing by Virginia M Iliadis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22314595
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 23 Appletree Road built and last sold?
The property at 23 Appletree Road was built in 1984 and last sold on Jul 13, 2023 for $515,000.
How much is this home worth?
The estimated value of the home located at 23 Appletree Road is $0.
What are some comparable homes to 23 Appletree Road?
There are currently no comparable homes to 23 Appletree Road.
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