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Monmouth
3 Pilgrim Way
$785,000
● House - Off Market

3 Pilgrim Way

Colts Neck, NJ 07722
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,143,308
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Your home is where you truly LIVE. This lovely Ranch has been completely updated and expanded. Featuring 4 bedrooms, 2.5 baths, located in a very desirable neighborhood. Perfectly situated on 1.26 private acres. A complete oasis adorned with lush landscaping and in ground pool. A covered porch area for shade and cool summer nights. A perfect gem!
Unit Size
-
Days on Market
-
Land Size
1.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,042
HOA Dues
-
Year Built
1973

Payment Calculator

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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 #21909437)

Price History

Date / Event Date Event Price
May 30, 2019 Sold
Premium
Sold
Mar 8, 2019 Listed by Heritage House Sotheby's International Realty $775,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 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: 9
  • Basement Area: 1,108
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 54,886
  • Total Building Area: 2,752
  • Building Area: 2,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001260
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: F. 9-1, 1

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809902

Zoning

  • Zoning: SF80

Geography

  • District: 10
  • Parcel: 10 00009-0000-00045
  • Block: 9
  • Lot: 45
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.3204
  • Longitude: -74.1739

    Address

  • Full Address: 3 Pilgrim Way
  • Address - House Number: 3
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R091
  • 4-Digit Zip Code: 1243
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,301,594

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,162,638
  • High Value: 1,358,963
  • Low Value: 966,314

    Market Valuation

  • Market Total Value: $836,500
  • Market Land Value: $423,000
  • Market Improvement Value: $413,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $836,500
  • Assessed Land Value: $423,000
  • Assessed Improvements Value: $413,500

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019083259
  • Previous Sale Recording Date: Jun 27, 2006
  • Previous Sale Contract Date: Jan 27, 2006
  • Previous Sale Amount: $735,000
  • 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

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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 5 Pleasant Valley Road, Holmdel, NJ, 07733

$2,500 /mo

  • 3 Beds
  • 1 Bath
5 Pleasant Valley Road #3, Holmdel, NJ, 07733 Listing by Carl F Zellers

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Anna Appolonia, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21909437
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 Pilgrim Way built and last sold?
The property at 3 Pilgrim Way was built in 1973 and last sold on May 30, 2019 for $785,000.
How much is this home worth?
The estimated value of the home located at 3 Pilgrim Way is $782,750.
What are some comparable homes to 3 Pilgrim Way?
There are currently no comparable homes to 3 Pilgrim Way.
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