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Leonardo 07737 Leonardo
25 Leonard Avenue
$480,000
● House - Off Market

25 Leonard Avenue

Leonardo, NJ 07737
bedrooms
4 Beds
bathrooms
2 Baths
$484,264
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Fully renovated inside and out colonial in great location. brand new sheetrock, floors, windows, siding, roof, kitchen, hvac, water heater, and pretty much everything else! Slab on grade, oversized shed in backyard. Located near beaches, NY ferry, Train station, etc.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1943

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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 #22201030)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Jan 13, 2022 Listed by Signature Realty NJ $459,900
Listed by Signature Realty NJ

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,450
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 31
  • Account Number: Feb 01, 2004
  • District: 32
  • Parcel: 32 00378-0000-00006
  • Block: 378
  • Lot: 6
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4198
  • Longitude: -74.0569

    Address

  • Full Address: 25 Leonard Ave
  • Address - House Number: 25
  • Address - Street Name: Leonard
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1537
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $732,567

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 397,894
  • High Value: 476,116
  • Low Value: 319,672

    Market Valuation

  • Market Total Value: $421,500
  • Market Land Value: $217,500
  • Market Improvement Value: $204,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,500
  • Assessed Land Value: $217,500
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 26835
  • Previous Sale Recording Date: Apr 04, 2019
  • Previous Sale Contract Date: Mar 19, 2019
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 27
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 Leonardo

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1596 ft²

Average Home Age

76 years

Currently For Sale

5 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 37 Highland Avenue, Leonardo, NJ, 07737

$4,200 /mo

  • 4 Beds
  • 1 Bath
37 Highland Avenue, Leonardo, NJ, 07737 Listing by Jacob L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Melissa Gonzales, Signature Realty NJ
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22201030
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 25 Leonard Avenue built and last sold?
The property at 25 Leonard Avenue was built in 1943 and last sold on Feb 25, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 25 Leonard Avenue is $464,499.
What are some comparable homes to 25 Leonard Avenue?
There are currently no comparable homes to 25 Leonard Avenue.
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