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Monmouth 07731
3 Stratton Drive
$337,000
● House - Off Market

3 Stratton Drive

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$497,681
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Welcome to this great move-in ready 4 bedroom. 2.5 bath cape in Howell! This beautiful house has a spacious living room, Great Kitchen with granite counters and Dining area with laminate floors. Dining area has a Slider to patio and back yard. First floor master with great walk in closet and beautifully updated master bathroom. Additional bedroom and updated hall bath finish off the first floor. Upstairs there are 2 additional bedrooms, a half bath plus more storage. Over sized 2 car garage with lots storage space too.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1984

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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: 3 years ago (MOMLS #21916293)

Price History

Date / Event Date Event Price
Nov 22, 2019 Sold
Premium
Sold
Apr 19, 2019 Listed by RE/MAX Realty 9 $340,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,690
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.08
  • Account Number: 2299508
  • District: 21
  • Parcel: 21 00035- 55-00008
  • Block: 35.55
  • Lot: 8
  • Municipality: HOWELL TWP
  • Latitude: 40.1432
  • Longitude: -74.2044

    Address

  • Full Address: 3 Stratton Dr
  • Address - House Number: 3
  • Address - Street Name: Stratton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Howell
  • Carrier Code: C002
  • 4-Digit Zip Code: 2346
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $877,275

    Appraisal Valuation

  • Standard Deviation: 0.2582
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 556,600
  • High Value: 700,353
  • Low Value: 412,848

    Market Valuation

  • Market Total Value: $471,400
  • Market Land Value: $289,500
  • Market Improvement Value: $181,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,400
  • Assessed Land Value: $289,500
  • Assessed Improvements Value: $181,900

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019116329
  • Previous Sale Recording Date: Aug 31, 2004
  • Previous Sale Contract Date: Aug 18, 2004
  • Previous Sale Amount: $120,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

45 years

Currently For Sale

2930 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 6 Swan Road, Howell, NJ, 07731

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
6 Swan Road, Howell, NJ, 07731 Listing by Virginia M Iliadis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susanne M Brown, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21916293
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 Stratton Drive built and last sold?
The property at 3 Stratton Drive was built in 1984 and last sold on Nov 18, 2019 for $340,000.
How much is this home worth?
The estimated value of the home located at 3 Stratton Drive is $0.
What are some comparable homes to 3 Stratton Drive?
There are currently no comparable homes to 3 Stratton Drive.
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