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Monmouth 07731
23 Monticello Drive
$700,000
● House - Off Market

23 Monticello Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,974 Ft²
$672,489
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Beautiful center hall colonial situated on a 100'x150' lot in desirable Candlewood development.. This lovely home has hardwood floors, three remodeled  bathrooms and an updated kitchen with stainless steel appliances, farmhouse sink and quartz countertops and backsplash. Upstairs there are four spacious bedrooms, including  the master bedroom with ensuite bath and walk-in closet. The roof, thermal windows, and furnace were replaced eight years ago and the hot water heater is newer also. There is also a full basement and fully fenced yard. From the minute you enter through the beautiful leaded glass front doors, you will love this home.
Unit Size
1,974 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$342
Property Type
House
Property Taxes
$713
HOA Dues
-
Year Built
1968

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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 #22319978)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold
Premium
Sold
Jul 21, 2023 Listed by Coldwell Banker Realty $675,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 1,022
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,895
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000388
  • 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 4.19
  • Account Number: 019770
  • District: 21
  • Parcel: 21 00035- 38-00006
  • Block: 35.38
  • Lot: 6
  • Municipality: HOWELL TWP
  • Latitude: 40.1502
  • Longitude: -74.2159

    Address

  • Full Address: 23 Monticello Dr
  • Address - House Number: 23
  • Address - Street Name: Monticello
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C003
  • 4-Digit Zip Code: 2158
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $975,908

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 644,326
  • High Value: 765,271
  • Low Value: 523,381

    Market Valuation

  • Market Total Value: $524,400
  • Market Land Value: $258,900
  • Market Improvement Value: $265,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,400
  • Assessed Land Value: $258,900
  • Assessed Improvements Value: $265,500

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71974
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:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2018 ft²

Average Home Age

45.2 years

Currently For Sale

1807 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 140 Cannonball Drive, Howell, NJ, 07731

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
140 Cannonball Drive, Howell, NJ, 07731 Listing by Isaac Nussbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Carol Tyson Ashworth, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22319978
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 Monticello Drive built and last sold?
The property at 23 Monticello Drive was built in 1968 and last sold on Oct 11, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 23 Monticello Drive is $0.
What are some comparable homes to 23 Monticello Drive?
There are currently no comparable homes to 23 Monticello Drive.
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