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Lincroft 07738
232 Yale Drive
$612,000
● House - Off Market

232 Yale Drive

Middletown, NJ 07738
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,366,627
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

The circular drive leads your guests to the double leaded glass doors. Pride of ownership is evident as you tour thru this immaculate ''Estates of Middletown'' colonial in the heart of desirable Lincroft. Bright & spacious best describe the rooms,Kit.offers new ss appliance pkg looks out to pvt. yard /built-in pool and deck. Bonus**room(18x12)off kit.for off/play rm/5th bed.(Could be opened to LR/Fr.pocket drs to join LR-bonus rm. MSTR BA spacious w/grand jacuzzi,skylite,mirrored-impressive!
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$217
Property Type
House
Property Taxes
$1,060
HOA Dues
-
Year Built
1982

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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 #21207985)

Price History

Date / Event Date Event Price
May 2, 2012 Sold
Premium
Sold
Mar 1, 2012 Listed by Coldwell Banker Realty $629,800
Listed by Coldwell Banker Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,661
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,400
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,875
  • Building Area: 2,875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,875
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000514
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: R45

Geography

  • Assessors Map Reference: TAX MAP 257
  • District: 32
  • Parcel: 32 01063-0000-00083
  • Block: 1063
  • Lot: 83
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.341
  • Longitude: -74.1459

    Address

  • Full Address: 232 Yale Dr
  • Address - House Number: 232
  • Address - Street Name: Yale
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C002
  • 4-Digit Zip Code: 1615
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,625,725

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,087,757
  • High Value: 1,268,972
  • Low Value: 906,542

    Market Valuation

  • Market Total Value: $935,400
  • Market Land Value: $420,700
  • Market Improvement Value: $514,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,400
  • Assessed Land Value: $420,700
  • Assessed Improvements Value: $514,700

    Sales

  • Current Sale Contract Date: May 02, 2012
  • Current Sale Recording Date: May 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012048169
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 Lincroft

Stats & Trends

Median Asking:

$999,999

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2921 ft²

Average Home Age

43.9 years

Currently For Sale

10 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

Rentals Near You

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MOMMLS

Listed by: M.Gretchen Stevens, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21207985
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 232 Yale Drive built and last sold?
The property at 232 Yale Drive was built in 1982 and last sold on May 2, 2012 for $612,000.
How much is this home worth?
The estimated value of the home located at 232 Yale Drive is $0.
What are some comparable homes to 232 Yale Drive?
There are currently no comparable homes to 232 Yale Drive.
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