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Monmouth
27 Mountainside Drive
$500,000
● House - Off Market

27 Mountainside Drive

Colts Neck, NJ 07722
bedrooms
4 Beds
bathrooms
3 Baths
$1,186,917
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Short Sale! Available! Great oppty for savvy buyer. Beautiful neighborhood. Low taxes. Zimmerer-built ranch. Extensively renovated incl new kitchen w/open floor plan, cherry cabinets, hardwood floors, Jacuzzi tub, steam shower, radiant heat in 2 baths, decorative molding, sprinklers, paver walkway, belgian block curbs, vaulted ceilings, walk-out basement. Two-tiered 2.4 acre property with brook & 2 horse barn. Convenient to Rt 18, GSP, shopping & more.
Unit Size
-
Days on Market
-
Land Size
2.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$822
HOA Dues
-
Year Built
1969

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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 #21215200)

Price History

Date / Event Date Event Price
Oct 9, 2012 Sold
Premium
Sold
Apr 21, 2012 Listed by Resources Real Estate $550,000
Listed by Resources Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,219
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 2,213
  • Building Area: 2,213
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,213
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809901

Zoning

  • Zoning: 5020

Geography

  • District: 10
  • Parcel: 10 00001-0000-00017
  • Block: 1
  • Lot: 17
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.3407
  • Longitude: -74.2069

    Address

  • Full Address: 27 Mountainside Dr
  • Address - House Number: 27
  • Address - Street Name: Mountainside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R087
  • 4-Digit Zip Code: 1029
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,210,101

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 971,183
  • High Value: 1,135,178
  • Low Value: 807,188

    Market Valuation

  • Market Total Value: $777,700
  • Market Land Value: $410,800
  • Market Improvement Value: $366,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777,700
  • Assessed Land Value: $410,800
  • Assessed Improvements Value: $366,900

    Sales

  • Current Sale Contract Date: Oct 05, 2012
  • Current Sale Recording Date: Oct 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012110432
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Contract Date: May 02, 2005
  • Previous Sale Amount: $675,000
  • 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

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1843 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

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MOMMLS

Listed by: Thomas J McCormack, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21215200
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 27 Mountainside Drive built and last sold?
The property at 27 Mountainside Drive was built in 1969 and last sold on Oct 5, 2012 for $500,000.
How much is this home worth?
The estimated value of the home located at 27 Mountainside Drive is $0.
What are some comparable homes to 27 Mountainside Drive?
There are currently no comparable homes to 27 Mountainside Drive.
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