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East Freehold 07728
28 Citation Drive
$537,000
● House - Off Market

28 Citation Drive

Freehold, NJ 07728
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,010 Ft²
$515,922
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Looking for a wonderful option in Freehold Township? Welcome to this 3 bed 2.5 bath w/2 car garage home in the desirable Colts Pride Community. This popular Lancaster Model is light & bright & features an open floor plan with great flow. Living room & Dining Room w/ vaulted ceilings & wide plank  hardwood flooring. Living Rm has fireplace w/marble surround & carved wood mantel. EIK w/ceramic tile & island overlooking family room. Oversized slider out to paver patio. Perfect lower level for entertaining & family time. Upstairs find a generously sized loft area that can be an office or play area, 3 nicely sized bedrooms w/ceiling fans. Second floor laundry for convenience.  Freshly painted, roof replaced 2020 & HVAC 2018. Great Schools & Close to EVERYTHING!
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$248
Property Type
House
Property Taxes
$746
HOA Dues
$160
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22217806)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by RE/MAX Central $499,000
Listed by RE/MAX Central

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 8
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810402

Zoning

  • Zoning: MF0

Geography

  • Assessors Map Reference: TAX MAP 1302
  • Account Number: 1786132
  • District: 17
  • Parcel: 17 00041- 03-00009
  • Block: 41.03
  • Lot: 9
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2652
  • Longitude: -74.2597

    Address

  • Full Address: 28 Citation Dr
  • Address - House Number: 28
  • Address - Street Name: Citation
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C037
  • 4-Digit Zip Code: 4661
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $977,214

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 587,677
  • High Value: 721,534
  • Low Value: 453,819

    Market Valuation

  • Market Total Value: $526,800
  • Market Land Value: $211,000
  • Market Improvement Value: $315,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,800
  • Assessed Land Value: $211,000
  • Assessed Improvements Value: $315,800

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 87549
  • Previous Sale Recording Date: Dec 08, 1994
  • Previous Sale Contract Date: Nov 30, 1994
  • Previous Sale Amount: $169,950
  • 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 East Freehold

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$351

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2304 ft²

Average Home Age

42.8 years

Currently For Sale

10 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 193 Pear Drive, Marlboro, NJ, 07746

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,745 ft²
193 Pear Drive, Marlboro, NJ, 07746 Listing by Joseph Lorenz

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Julie Ann King, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22217806
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 28 Citation Drive built and last sold?
The property at 28 Citation Drive was built in 1996 and last sold on Aug 1, 2022 for $537,000.
How much is this home worth?
The estimated value of the home located at 28 Citation Drive is $0.
What are some comparable homes to 28 Citation Drive?
There are currently no comparable homes to 28 Citation Drive.
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