Monmouth
24 Salem Drive
$677,000
●
House -
Off Market
24 Salem Drive
Colts Neck, NJ 07722
4 Beds
3 Baths,
1
Half Bath
$1,390,001
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
SOPHISTICATED,ELEGANT REMODELED HOME!THIS LOVELY CUSTOM HOME SITS
MAJESTICALLY ON A KNOLL ON OVER 1 ACRE OF PROPERTY.THE CUSTOM
CHERRY WOOD FRONT DOOR OPENS TO SPARKLING PORCELAIN FLOORS THAT
EXTEND THROUGH THE FIRST FLOOR INTO A CUSTOM/GOURMET KITCHEN.ENJOY
PREPARING A GOURMET MEAL FOR GUESTS AS THEY LOUNGE AT CENTER ISLAND
OR WINDOW SEAT ENJOYING A GLASS OF CABERNET,RELAX IN THE FORMAL LR
OR DR WITH RICH OAK FLOORS & ELEGANT FP,OR RECLINE ON THE EXPANSIVE
DECK OVERLOOKING RESORT POOL AREA
Unit Size
-
Days on Market
-
Land Size
1.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1967
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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 #21215973)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2015 | Sold | ||
| Sold | |||
| Feb 25, 2015 | Listed by Heritage House Sotheby's International Realty | $719,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
|
Elegantly updated CHC sits hi on a beautifully manicured 1.3 acres. Updated gourmet Kitchen is the heart of this sophisticated home & features center isl, granite cntrs, dbl oven, subzero refrig/freezer, & 42”custom cabs. Family Rm, perfect for casual entertaining w/woodburning FP & wine bar.The oversized sunlit DR/LR w/decorative moldings & numerous windows is perfect for your extended family celebrations. Spacious MasterSuite features 2 closets & private bath w/jetted tub. 3 add’l bedrms, 2.5 baths, completely remodeled home. Private yd w/ingrd vinyl pool & deck. Finished bsmt w/ tile flrs & bar. Recessed lighting, hardwd flrs thru, newer septic 2002, new well 2014 & 2 laundry rms just some of the add’l amenities. Room sizes are approx. The warmth of a home emanates from within… Recessed lighting, hardwood floors through, newer septic 2002, new well 2014 & 2 laundry rooms just some of the additional amenities this lovely home offers. Room sizes are approximate. The warmth of a home emanates from within….
| |||
| May 23, 2013 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed by Weichert Realtors-Holmdel | $699,900 | |
| Listed by Weichert Realtors-Holmdel | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Rosemarie D Estephan, Weichert Realtors-Holmdel
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21215973
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21215973
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