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West Freehold 07728
351 Colgate Way
$689,000
● House - Off Market

351 Colgate Way

Freehold, NJ 07728
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,306 Ft²
$1,042,476
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

WELCOME TO THIS IMMACULATE 5BDR, 3 FULL BTH COLONIAL IN WELL SOUGHT OUT COLLEGE PARK. HOME BOASTS CURB APPEAL WITH LUSH LANDSCAPING, LANDSCAPE LIGHTING, TWO CAR GARAGE AND NEW FRONT DOOR. HOME HAS BEEN UPGRADED WITH NEW WINDOWS, WHOLE HOUSE GENERAC GENERATOR & NEW FURNACE. FIRST FLOOR BEDROOM HAS ACCESS TO FULL BATHROOM (POSS MOTHER/DAUGHTER) OR CAN BE USED AS HOME OFFICE, LG FAMILY ROOM WITH FPL, SPACIOUS KITCHEN AND HARDWOOD FLOORS THROUGHOUT 1st FLOOR.  NEW SLIDERS TO LARGE DECK LEADING TO INGROUND POOL WITH WATERFALL. FRONT AND REAR SPRINKLER SYSTEM. NEWLY RENOVATED FULL BATH ON THE SECOND FLOOR AND FULL FINISHED BASEMENT. BIG TICKET ITEMS REPLACE. THIS HOME IS WELL MAINTAINED AND READY FOR ITS NEXT OWNER!
Unit Size
3,306 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$1,171
HOA Dues
-
Year Built
1998

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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 #21816635)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
May 2, 2018 Listed by Robert DeFalco Realty Inc. $689,000
Listed by Robert DeFalco Realty Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,714
  • Garage Type: 10
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 16,100
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,306
  • Building Area: 3,306
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810505

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: TAX MAP 34
  • Account Number: 4869064
  • District: 17
  • Parcel: 17 00087- 10-00017
  • Block: 87.10
  • Lot: 17
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2261
  • Longitude: -74.314

    Address

  • Full Address: 351 Colgate Way
  • Address - House Number: 351
  • Address - Street Name: Colgate
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C022
  • 4-Digit Zip Code: 5341
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,569,488

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 989,561
  • High Value: 1,173,961
  • Low Value: 805,160

    Market Valuation

  • Market Total Value: $842,000
  • Market Land Value: $310,500
  • Market Improvement Value: $531,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,000
  • Assessed Land Value: $310,500
  • Assessed Improvements Value: $531,500

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018070129
  • Previous Sale Recording Date: Nov 05, 2008
  • Previous Sale Contract Date: Oct 31, 2008
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 West Freehold

Stats & Trends

Median Asking:

$649,450

Sale Price/ft²

$341

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1889 ft²

Average Home Age

46.9 years

Currently For Sale

21 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

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MOMMLS

Listed by: Debra Annunziata, Robert DeFalco Realty Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21816635
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 351 Colgate Way built and last sold?
The property at 351 Colgate Way was built in 1998 and last sold on Jun 28, 2018 for $689,000.
How much is this home worth?
The estimated value of the home located at 351 Colgate Way is $0.
What are some comparable homes to 351 Colgate Way?
There are currently no comparable homes to 351 Colgate Way.
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