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Monmouth 07731
3 Cambridge Drive
$400,000
● House - Off Market

3 Cambridge Drive

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,550 Ft²
$551,043
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Welcome home to this  home with a Heart! Stunning Colonial that has been totally redone , neutral decor flows into the open floor plan, vinyl plank flooring throughout the first floor,  eat in kitchen, granite counters, stainless steel appliances, sliding doors to backyard, adjacent family room, dining area, living room, 3 baths all  new down to the studs, Spa Shower in Master ,3 bedrooms, high hat lighting, wrought iron balusters on stairs, newer heating and air, newer roof, water filtration system, underground sprinkler , 2 car garage, vinyl fence,  with a backyard made for entertaining , large built in  salt water pool, stamped concrete surround extended with paver patio, trex  deck, 2 sheds, close to all major highways, walk to bus station, blue ribbon school systems , beaches, park
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$252
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1989

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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 #22011284)

Price History

Date / Event Date Event Price
May 21, 2020 Sold
Premium
Sold
Mar 25, 2020 Listed by Coldwell Banker Realty $389,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 1
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 8,008
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811303

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.33
  • Account Number: 21902000
  • District: 21
  • Parcel: 21 00084- 19-00002
  • Block: 84.19
  • Lot: 2
  • Municipality: HOWELL TWP
  • Latitude: 40.1534
  • Longitude: -74.2331

    Address

  • Full Address: 3 Cambridge Dr
  • Address - House Number: 3
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C004
  • 4-Digit Zip Code: 2953
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $966,976

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 602,371
  • High Value: 720,035
  • Low Value: 484,706

    Market Valuation

  • Market Total Value: $519,600
  • Market Land Value: $253,400
  • Market Improvement Value: $266,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,600
  • Assessed Land Value: $253,400
  • Assessed Improvements Value: $266,200

    Sales

  • Current Sale Contract Date: May 13, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020069026
  • Previous Sale Recording Date: Oct 22, 2004
  • Previous Sale Contract Date: Aug 26, 2004
  • Previous Sale Amount: $349,900
  • 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

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1958 ft²

Average Home Age

45.6 years

Currently For Sale

1832 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Angelicola, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22011284
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 3 Cambridge Drive built and last sold?
The property at 3 Cambridge Drive was built in 1989 and last sold on May 13, 2020 for $400,000.
How much is this home worth?
The estimated value of the home located at 3 Cambridge Drive is $0.
What are some comparable homes to 3 Cambridge Drive?
There are currently no comparable homes to 3 Cambridge Drive.
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