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Monmouth 07718
293 Sandy Hook Avenue
$308,000
● House - Off Market

293 Sandy Hook Avenue

Belford, NJ 07718
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$426,569
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Priced to Sell!  This Will Not Last!!  Come see this 4 Bedroom 1.5 Bathroom Ranch in desirable Belford!  This location is great for Commuters or First Time Buyers.  Minutes away from the ferry to NYC, Train, and Bus lines.  The Roof was replaced in 2018.  This home also offers an In ground Sprinkler System, and Hardwood Floors under the carpeting.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1961

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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 #22002832)

Price History

Date / Event Date Event Price
Apr 10, 2020 Sold
Premium
Sold
Jan 23, 2020 Listed by RE/MAX Revolution $300,000
Listed by RE/MAX Revolution

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: T/A: EXPIRES 12/10

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800800

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 39
  • Account Number: Apr 01, 2006
  • District: 32
  • Parcel: 32 00484-0000-00007
  • Block: 484
  • Lot: 7
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4154
  • Longitude: -74.0849

    Address

  • Full Address: 293 Sandy Hook Ave
  • Address - House Number: 293
  • Address - Street Name: Sandy Hook
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belford
  • Carrier Code: C005
  • 4-Digit Zip Code: 1254
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,463

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 535,344
  • High Value: 644,252
  • Low Value: 426,436

    Market Valuation

  • Market Total Value: $436,400
  • Market Land Value: $266,500
  • Market Improvement Value: $169,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,400
  • Assessed Land Value: $266,500
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Apr 01, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020046071
  • Previous Sale Recording Date: Jun 10, 1998
  • Previous Sale Contract Date: May 05, 1998
  • Previous Sale Amount: $129,500
  • 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:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2018 ft²

Average Home Age

45.2 years

Currently For Sale

1807 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: Robert G Hennessey, RE/MAX Revolution
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22002832
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 293 Sandy Hook Avenue built and last sold?
The property at 293 Sandy Hook Avenue was built in 1961 and last sold on Apr 1, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 293 Sandy Hook Avenue is $303,000.
What are some comparable homes to 293 Sandy Hook Avenue?
There are currently no comparable homes to 293 Sandy Hook Avenue.
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