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Monmouth 07731
24 Spruce Hollow Drive
$255,000
● House - Off Market

24 Spruce Hollow Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$395,722
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

You have to see this 3 bedroom colonial located in the desirable Pointe O Woods neighborhood! 3 large bedrooms, eat in kitchen, 2 1/2 baths, both living room and

family room feature fireplaces! Needs some TLC but it has so much to potential to make it your own!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$661
HOA Dues
$10
Year Built
1988

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 #21808592)

Price History

Date / Event Date Event Price
May 7, 2018 Sold
Premium
Sold
Mar 7, 2018 Listed by New Jersey First Realty $259,900
Listed by New Jersey First Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811301

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 7.27
  • Account Number: 40000113
  • District: 21
  • Parcel: 21 00138- 08-00001- 13
  • Block: 138.08
  • Lot: 1.13
  • Municipality: HOWELL TWP
  • Latitude: 40.2006
  • Longitude: -74.2678

    Address

  • Full Address: 24 Spruce Hollow Dr
  • Address - House Number: 24
  • Address - Street Name: Spruce Hollow
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C001
  • 4-Digit Zip Code: 3424
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $994,965

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 627,087
  • High Value: 738,419
  • Low Value: 515,755

    Market Valuation

  • Market Total Value: $543,400
  • Market Land Value: $252,500
  • Market Improvement Value: $290,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,400
  • Assessed Land Value: $252,500
  • Assessed Improvements Value: $290,900

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2018046262
  • Previous Sale Recording Date: Nov 16, 2005
  • Previous Sale Contract Date: Aug 05, 2005
  • Previous Sale Amount: $399,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$744,560

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2020 ft²

Average Home Age

45.2 years

Currently For Sale

1812 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 1507 Wagon Wheel Court, Freehold Twp, NJ, 07728

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,510 ft²
1507 Wagon Wheel Court, Freehold Twp, NJ, 07728 Listing by ANDRIY STOROSHCHUK

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Nicholas Antipin, New Jersey First Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21808592
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 24 Spruce Hollow Drive built and last sold?
The property at 24 Spruce Hollow Drive was built in 1988 and last sold on Mar 23, 2018 for $255,000.
How much is this home worth?
The estimated value of the home located at 24 Spruce Hollow Drive is $0.
What are some comparable homes to 24 Spruce Hollow Drive?
There are currently no comparable homes to 24 Spruce Hollow Drive.
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