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Monmouth 07731
3 Cherry Tree Circle
$372,000
● House - Off Market

3 Cherry Tree Circle

Howell, NJ 07731
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,340 Ft²
$599,440
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Spacious Colonial in desirable section of Howell located in low traffic Cul-de-Sac.  Convenient to 195, shopping, schools, this home with country style porch also has bedroom on the first floor which is perfect as In-law Suite.  First floor has bathroom and easy accessible shower by Laundry room.  Spacious eat in kitchen with separate eating area has sliding doors that open to deck that overlooks the above ground pool.  The Family room with fireplace is also located off the updated modern kitchen.  Upstairs you have four bedrooms, with master bath and walk in closet. The attic has plenty of storage as it has pull down stairs and flooring. Home has a deep well used for irrigation.  No need to worry about those rust stains on sidewalk. Don't let this one pass you by!
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$160
Property Type
House
Property Taxes
$726
HOA Dues
-
Year Built
1986

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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: 2 years ago (MOMLS #21707194)

Price History

Date / Event Date Event Price
Jul 19, 2017 Sold
Premium
Sold
Feb 24, 2017 Listed by C21/ Action Plus Realty $375,000
Listed by C21/ Action Plus Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,928
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811304

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 4.48
  • Account Number: 03878174
  • District: 21
  • Parcel: 21 00078-0000-00169
  • Block: 78
  • Lot: 169
  • Municipality: HOWELL TWP
  • Latitude: 40.1369
  • Longitude: -74.2405

    Address

  • Full Address: 3 Cherry Tree Cir
  • Address - House Number: 3
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Howell
  • Carrier Code: C024
  • 4-Digit Zip Code: 1528
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $908,540

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 634,153
  • High Value: 753,901
  • Low Value: 514,405

    Market Valuation

  • Market Total Value: $488,200
  • Market Land Value: $184,500
  • Market Improvement Value: $303,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,200
  • Assessed Land Value: $184,500
  • Assessed Improvements Value: $303,700

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017086984

    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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

45.1 years

Currently For Sale

2741 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

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MOMMLS

Listed by: Donna Manetta, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21707194
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 Cherrytree Circle built and last sold?
The property at 3 Cherrytree Circle was built in 1986 and last sold on Jun 29, 2017 for $372,000.
How much is this home worth?
The estimated value of the home located at 3 Cherrytree Circle is $0.
What are some comparable homes to 3 Cherrytree Circle?
There are currently no comparable homes to 3 Cherrytree Circle.
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