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Monmouth 07731
29 Princeton Drive
$264,000
● House - Off Market

29 Princeton Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,662 Ft²
$433,739
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

This is a HomeSteps raised ranch home with large rear lot area. Home features LR/DR area with finished lower area partially below grade, heated and carpeted. Home has been freshly painted, with some new carpet. Make your appt today to see this home.This is an as-is sale with the buyer responsible for the c/o termite and smoke certifications.
Unit Size
1,662 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

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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 #21743657)

Price History

Date / Event Date Event Price
Jan 18, 2018 Sold
Premium
Sold
Nov 17, 2017 Listed by C21/ Chas Smith Agency $274,900
Listed by C21/ Chas Smith Agency

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000379
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.12
  • Account Number: 012850
  • District: 21
  • Parcel: 21 00035- 10-00013
  • Block: 35.10
  • Lot: 13
  • Municipality: HOWELL TWP
  • Latitude: 40.1565
  • Longitude: -74.2079

    Address

  • Full Address: 29 Princeton Dr
  • Address - House Number: 29
  • Address - Street Name: Princeton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C017
  • 4-Digit Zip Code: 1818
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769,896

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 519,704
  • High Value: 623,155
  • Low Value: 416,253

    Market Valuation

  • Market Total Value: $413,700
  • Market Land Value: $253,400
  • Market Improvement Value: $160,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,700
  • Assessed Land Value: $253,400
  • Assessed Improvements Value: $160,300

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2018
  • Current Sale Recording Date: Feb 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018012246
  • Previous Sale Recording Date: Feb 01, 2017
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1961 ft²

Average Home Age

45.1 years

Currently For Sale

2825 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

Rentals Near You

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MOMMLS

Listed by: Mitchell Schanen, C21/ Chas Smith Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21743657
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 29 Princeton Drive built and last sold?
The property at 29 Princeton Drive was built in 1964 and last sold on Jan 18, 2018 for $264,000.
How much is this home worth?
The estimated value of the home located at 29 Princeton Drive is $0.
What are some comparable homes to 29 Princeton Drive?
There are currently no comparable homes to 29 Princeton Drive.
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