$285,000
●
House -
Off Market
3 Princeton Drive
Howell, NJ 07731
3 Beds
2 Baths,
1
Half Bath
2,000 Ft²
$453,992
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
This spacious 3 bedroom, 1 1/2 bath Bi Level home is situated on a
large private lot in the Salem Hill section of Howell. Home
features a bonus room downstairs that can be used as an office, as
well as a large family room with a wood burning stove and den with
walkout to the backyard which boasts a large deck for entertaining.
Home has a new hot water heater, 2 zone heat with forced air for
upstairs and hot water baseboard heat for downstairs, new rug on
lower level, new roof, updated bathrooms & newer windows, including
bay window in living room. Hardwood floors under rugs upstairs.
Generator included which is hard wired for house. Great location
for commuters located near Rt. 9 and I-195, close to public
transportation, stores and restaurants.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$150
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1964
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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 #21801527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2018 | Sold | ||
| Sold | |||
| Jan 15, 2018 | Listed by C21/ Action Plus Realty | $299,500 | |
| Listed by C21/ Action Plus Realty | |||
| Jul 29, 2017 | Listed | $325,000 | |
| Listed | |||
| | |||
|
This spacious 3 bedroom, 1 1/2 bath Bi Level home is situated on a large private lot in the Salem Hill section of Howell. Home features a bonus room downstairs that can be used as an office, as well as a large family room with a wood burning stove and den with walkout to the backyard which boasts a large deck for entertaining. Home has a new hot water heater, 2 zone heat with forced air for upstairs and hot water baseboard heat for downstairs, new rug on lower level, new roof, updated bathrooms & newer windows, including bay window in living room. Hardwood floors under rugs upstairs. Generator included which is hard wired for house. Great location for commuters located near Rt. 9 and I-195, close to public transportation, stores and restaurants. The manager has listed the unit size as 2000 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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HOA + Taxes
About Monmouth
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Listed by: Elena Cook, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21801527
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# 21801527
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