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Monmouth 07737
37 Bellevue Avenue
$250,000
● House - Off Market

37 Bellevue Avenue

Leonardo, NJ 07737
bedrooms
2 Beds
bathrooms
1 Bath
$323,179
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

GREAT BUY! Bring your vision to life in Leonardo, wonderful opportunity for a two bedroom one bath colonial with detached garage and private yard. First floor has comfortable living room which leads into dining room and kitchen. Upstairs has two bedrooms and the bathroom. Minutes to the ferry, mass transit, trails and downtowns!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1940

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: 3 years ago (MOMLS #22031489)

Price History

Date / Event Date Event Price
Mar 15, 2021 Sold
Premium
Sold
Sep 3, 2020 Listed by RE/MAX The Real Estate Leaders $259,900
Listed by RE/MAX The Real Estate Leaders

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 9
  • Basement Area: 528
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 43
  • District: 32
  • Parcel: 32 00437-0000-00004
  • Block: 437
  • Lot: 4
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4134
  • Longitude: -74.0539

    Address

  • Full Address: 37 Bellevue Ave
  • Address - House Number: 37
  • Address - Street Name: Bellevue
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1722
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $632,284

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 402,952
  • High Value: 485,383
  • Low Value: 320,520

    Market Valuation

  • Market Total Value: $363,800
  • Market Land Value: $262,400
  • Market Improvement Value: $101,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,800
  • Assessed Land Value: $262,400
  • Assessed Improvements Value: $101,400

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021049843
  • Previous Sale Recording Date: Feb 15, 1989
  • Previous Sale Contract Date: Feb 15, 1989
  • Previous Sale Amount: $195,000
  • 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

1972 ft²

Average Home Age

45.7 years

Currently For Sale

1836 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 10 Ocean Boulevard, Atlantic Highlands, NJ, 07716

$3,100 /mo

  • 1 Bed
  • 1 Bath
10 Ocean Boulevard #3C, Atlantic Highlands, NJ, 07716 Listing by Lisa Musillo
Unit for rent at 48 1st Avenue, Atlantic Highlands, NJ, 07716

$2,650 /mo

  • 1 Bed
  • 1 Bath
  • 11,162 ft²
48 1st Avenue #44, Atlantic Highlands, NJ, 07716 Listing by Christopher Cornette

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christopher Walsh, RE/MAX The Real Estate Leaders
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22031489
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 37 Bellevue Avenue built and last sold?
The property at 37 Bellevue Avenue was built in 1940 and last sold on Mar 5, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 37 Bellevue Avenue is $0.
What are some comparable homes to 37 Bellevue Avenue?
There are currently no comparable homes to 37 Bellevue Avenue.
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