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Leonardo 07737 Leonardo
27 Washington Avenue
$503,500
● House - Off Market

27 Washington Avenue

Leonardo, NJ 07737
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$759,868
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Come on in to this early 1900's, historically renovated,  4BR/2BA charming home in the heart of Leonardo. First floor boasts 9' tall ceilings with the original tin tiles restored throughout, beautiful gourmet kitchen with SS appliances and marble counter tops. Additional finished space in walk up attic for multi purposes, large full basement for ample storage and brand new rear deck. Character at every turn, this house will make your wrap around porch dreams come true! Walking distance to Atlantic Highlands downtown, marinas, beaches and NYC transportation! Desirable school district including Middletown South!
Unit Size
1,810 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1908

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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: 2 years ago (MOMLS #21933604)

Price History

Date / Event Date Event Price
Oct 18, 2019 Sold
Premium
Sold
Aug 14, 2019 Listed by O'Brien Realty, LLC $518,800
Listed by O'Brien Realty, LLC
Mar 7, 2019 Sold
Premium
Sold
Sep 23, 2018 No longer available -
No longer available
Jul 19, 2018 Listed $174,900
Listed
Large colonial with wrap around front porch, living room, dining room, four bedrooms and a private rear yard. Great location close to schools, shopping and the NYC Ferry. Must See!! The manager has listed the unit size as 1810 square feet.
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • 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: 9
  • Basement Area: 968
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: TAX MAP 30
  • Account Number: May 02, 2008
  • District: 32
  • Parcel: 32 00384-0000-00016
  • Block: 384
  • Lot: 16
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4165
  • Longitude: -74.0587

    Address

  • Full Address: 27 Washington Ave
  • Address - House Number: 27
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1462
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $975,018

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 697,026
  • High Value: 828,729
  • Low Value: 565,322

    Market Valuation

  • Market Total Value: $561,000
  • Market Land Value: $221,200
  • Market Improvement Value: $339,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,000
  • Assessed Land Value: $221,200
  • Assessed Improvements Value: $339,800

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019102360
  • Previous Sale Recording Date: Mar 13, 2019
  • Previous Sale Contract Date: Sep 06, 2018
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 68
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

$381

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1267 ft²

Average Home Age

81.3 years

Currently For Sale

6 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 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor
Unit for rent at 10 Ocean Boulevard, Atlantic Highlands, NJ, 07716

$4,200 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
10 Ocean Boulevard #9D, Atlantic Highlands, NJ, 07716 Listing by Lisa Musillo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary E Logan, O'Brien Realty, LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21933604
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 Washington Avenue built and last sold?
The property at 27 Washington Avenue was built in 1908 and last sold on Oct 18, 2019 for $503,500.
How much is this home worth?
The estimated value of the home located at 27 Washington Avenue is $535,296.
What are some comparable homes to 27 Washington Avenue?
There are currently no comparable homes to 27 Washington Avenue.
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