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Monmouth 07746
32 Overhill Drive
$420,000
● House - Off Market

32 Overhill Drive

Marlboro, NJ 07746
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$578,925
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Be Prepared To Be Impressed With This True Fixer Upper In Need Of A Makeover. Its A Hands Down Winner When It Comes to Location, Floor Plan, Curb Appeal & In A Great School District. Sun Filled Open Floor Plan. 4BR 2.5 Ba Colonial w/ Full /Partially Finished Bsmt, An In-ground Pool. Central Air, Gas Heat, Hwd Flrs In Main Rms, Recessed Lts .Sold Strictly As Is and Is Priced To Sell, Won't Last ,
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
1982

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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 #21927591)

Price History

Date / Event Date Event Price
Sep 4, 2019 Sold
Premium
Sold
Jul 3, 2019 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $395,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 1,270
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,410
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809505

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 70
  • District: 30
  • Parcel: 30 00196-0000-00036
  • Block: 196
  • Lot: 36
  • Municipality: MARLBORO TWP
  • Latitude: 40.3378
  • Longitude: -74.2653

    Address

  • Full Address: 32 Overhill Dr
  • Address - House Number: 32
  • Address - Street Name: Overhill
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Marlboro
  • Carrier Code: C005
  • 4-Digit Zip Code: 1141
  • Zip Code: 07746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,295,227

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 917,579
  • High Value: 1,088,552
  • Low Value: 746,605

    Market Valuation

  • Market Total Value: $543,300
  • Market Land Value: $232,500
  • Market Improvement Value: $310,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,300
  • Assessed Land Value: $232,500
  • Assessed Improvements Value: $310,800

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020030540
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Aug 19, 2019
  • Previous Sale Amount: $420,000
  • 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

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2005 ft²

Average Home Age

45.3 years

Currently For Sale

1787 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 224 Franklin Place, Morganville, NJ, 07751

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,868 ft²
224 Franklin Place, Morganville, NJ, 07751 Listing by Yelena Shpringer

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joan Congilose, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21927591
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 32 Overhill Drive built and last sold?
The property at 32 Overhill Drive was built in 1982 and last sold on Mar 10, 2020 for $670,000.
How much is this home worth?
The estimated value of the home located at 32 Overhill Drive is $0.
What are some comparable homes to 32 Overhill Drive?
There are currently no comparable homes to 32 Overhill Drive.
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