$980,000
●
House -
Off Market
3 Manitto Place
Middletown, NJ 07748
4 Beds
3 Baths,
1
Half Bath
2,707 Ft²
$5,536
Est. Monthly
4.06%
Cap Rate
About This Property
Four bedroom center hall colonial in the much sought after Chapel
Hill section of Middletown. Perched on a beautiful 1.5+ acre lot
backing up to a private wooded setting. Large living room with
oversized bay window. Family room with wood-burning fireplace and
built-in bar area. Newer kitchen with stainless steel appliances,
custom countertops and stainless steel farm sink. Spacious dining
room with bay window and wonderful views. Hardwood floors
throughout. Private pool with built-in BBQ. All located on a
private cul-de-sac. Short distance to shopping, train, and the
luxury high speed ferry to Manhattan. 10 minutes to the beaches of
the Jersey Shore.
Unit Size
2,707 Ft²
Days on Market
-
Land Size
1.51 acres
Price per sqft
$347
Property Type
House
Property Taxes
$925
HOA Dues
-
Year Built
1973
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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 #22412940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | $939,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | |||
| Jun 11, 2016 | Sold | ||
| Sold | |||
| Mar 10, 2016 | Listed by Coldwell Banker Realty | $570,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
BEST VALUE IN CHAPEL HILL!!! TRADITIONAL APPOINTMENTS ENHANCE THIS LOVELY FOUR BEDROOM COLONIAL STYLE HOME COMPLETE WITH HARDWOOD FLOORS AND STAINED MOLDINGS THROUGHOUT! LOCATED AT THE END OF A QUITE CUL DE SAC, SITUATED ON APPROXIMATELY 1.8 ACRES IN A BEAUTIFUL PARK LIKE SETTING, YOU WILL ENJOY THE SEASONS CHANGE IN YOUR OWN PRIVATE BACKYARD! CUDDLE UP ON COLD EVENINGS NEXT TO YOUR FULL BRICK WALL, WOOD BURNING FIREPLACE. ENJOY ENTERTAINING IN THE LARGE LIVING ROOM AND DINING ROOM TOO! UPSTAIRS YOU WILL FIND TWO UPDATED BATHS. ONE WITH WHIRLPOOL TUB AND STEAM SHOWER! THIS HOME ALSO INCLUDES CENTRAL VAC, INTERCOM SYSTEM, NEW HOT WATER HEATER AND A FULL, FINISHED BASEMENT WITH ACCESS TO GARAGE! TWO YEAR OLD ROOF TOO!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Philip Rotchford, Berkshire Hathaway HomeServices Fox & Roach - Rumson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22412940
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22412940
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