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Monmouth 07731
25 Therese Avenue
$161,000
● House - Off Market

25 Therese Avenue

Howell, NJ 07731
bedrooms
1 Bed
bathrooms
1 Bath
$267,017
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

SHORT SALE.1 BEDROOM RANCH WITH GARAGE ON A 1 ACRE LOT.COULD BE RETURNED BACK TO A 2 BEDROOM HOME.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1954

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 #21542869)

Price History

Date / Event Date Event Price
Apr 26, 2016 Sold
Premium
Sold
Nov 12, 2015 Listed by RE/MAX Realty 9 $155,000
Listed by RE/MAX Realty 9

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 648
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 7.15
  • Account Number: 048500
  • District: 21
  • Parcel: 21 00113-0000-00007
  • Block: 113
  • Lot: 7
  • Municipality: HOWELL TWP
  • Latitude: 40.166
  • Longitude: -74.2407

    Address

  • Full Address: 25 Therese Ave
  • Address - House Number: 25
  • Address - Street Name: Therese
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Howell
  • Carrier Code: R001
  • 4-Digit Zip Code: 8519
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $555,248

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 373,875
  • High Value: 442,951
  • Low Value: 304,799

    Market Valuation

  • Market Total Value: $298,200
  • Market Land Value: $185,900
  • Market Improvement Value: $112,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,200
  • Assessed Land Value: $185,900
  • Assessed Improvements Value: $112,300

    Sales

  • Current Sale Contract Date: Apr 25, 2016
  • Current Sale Recording Date: May 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016043492
  • Previous Sale Recording Date: Dec 30, 2003
  • Previous Sale Contract Date: Oct 27, 2003
  • Previous Sale Amount: $200,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1963 ft²

Average Home Age

45.4 years

Currently For Sale

1821 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 1477 Route 9, Howell, NJ, 07731

$2,800 /mo

  • 3 Beds
  • 1 Bath
1477 Route 9, Howell, NJ, 07731 Listing by Gary Orlando
Unit for rent at 3 Eagle Court, Howell, NJ, 07731

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,276 ft²
3 Eagle Court, Howell, NJ, 07731 Listing by NICHOLAS BOULTON

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Troy Skodmin, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21542869
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 Therese Avenue built and last sold?
The property at 25 Therese Avenue was built in 1954 and last sold on Apr 25, 2016 for $161,000.
How much is this home worth?
The estimated value of the home located at 25 Therese Avenue is $0.
What are some comparable homes to 25 Therese Avenue?
There are currently no comparable homes to 25 Therese Avenue.
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